March 13 (Reuters) - Moovly Media Inc MVY.V
* Provides update on private placement and grants stock options
* Anticipates completing its brokered private placement of units on or about March 17, 2017
* Says units will be issued at a price of $0.15 per unit for gross proceeds of up to $2.1 million
* Says net proceeds from this offering are expected to be used to fund sales and marketing growth of company among others Source text for Eikon: ID:nMKWzS2KRa Further company coverage: MVY.V