Aug 22 (Reuters) - ARHT Media Inc ART.V :
* ARHT MEDIA COMPLETES FIRST TRANCHE OF PRIVATE PLACEMENT RAISING $1.9 MILLION
* COMPANY ISSUED 14.9 MILLION UNITS AS PART OF FIRST TRANCHE AT A PRICE OF $0.13 PER UNIT FOR AGGREGATE GROSS PROCEEDS OF $1.9 MILLION