VANCOUVER, British Columbia--(BUSINESS WIRE)--SoMedia Networks Inc. (TSX-V:VID) (“SoMedia” or the “Company”), pioneer of scalable video production solutions, announces that it has completed its previously announced brokered private placement (the “Offering”) for gross proceeds of $860,000, through the issuance of 3,440,000 special warrants (the “Special Warrants”) at a price of $0.25 per Special Warrant. Euro Pacific Canada Inc. ("Euro Pacific"), as lead agent, and Maison Placements Canada Inc.