Mr. Colin Wiebe reports

GEONOVUS MEDIA AMENDS AGREEMENTS RETURNS SHARES TO TREASURY

GeoNovus Media Corp. has amended the terms of two agreements dated May 13, 2015, and June 18, 2015, with two non-arm's-length vendors. Company directors Tim Marlowe and Gabriel Napora have come to terms with GeoNovus to return to treasury the previously issued 3.4 million shares negotiated originally in the two agreements in exchange for net profit interests in 12 upcoming productions collectively. Mr. Marlowe has agreed to retain 500,000 shares for the net profit interest of the movie "Absolution" currently owned by GeoNovus. The company and the two vendors have agreed to negotiate each upcoming production on a case-by-case basis.

President Colin Wiebe states: "Both parties agree this new format is a much better arrangement and beneficial to all involved. The share structure of GeoNovus now becomes even more attractive as this will bring down the shares issued and out to fewer than 9.4 million shares."

GeoNovus further announces that finders' fees may be payable in relation to the private placement announced on Sept. 9, 2015.