Aug 21 (Reuters) - MediaValet Inc MVP.V :
* MEDIAVALET ANNOUNCES BROKERED PRIVATE PLACEMENT, OFFER TO SETTLE CONVERTIBLE DEBENTURES, AND SHARE CONSOLIDATION
* MEDIAVALET INC - ANNOUNCES LAUNCH OF A BROKERED PRIVATE PLACEMENT TO RAISE $3.5 MILLION
* MEDIAVALET INC - OFFERING IS BEING LED BY CORMARK SECURITIES INC ON A BEST EFFORTS BASIS
* MEDIAVALET - INTENDS TO USE NET PROCEEDS TO PROVIDE WORKING CAPITAL REQUIRED TO FUND ITS CURRENT GROWTH OBJECTIVES & TO CONTINUE EXECUTING ON ITS STRATEGIC PLAN