Mr. Colin Wiebe

GEONOVUS CONVERTS $589,423.65 OF OUTSTANDING DEBT INTO SHARES

GeoNovus Media Corp. has entered into a series of debt conversion agreements with creditors in order to settle $589,423.65 in outstanding debt through the issuance of 11,788,473 GeoNovus common shares at a deemed price of five cents per common share. As part of the debt conversion, GeoNovus issued 3,773,743 common shares to directors and senior officers of the company. Interim chief executive officer Colin Wiebe states: "In completing the debt conversion, management has now successfully resolved significant third party debt which has been casting a shadow over the future prospects of the company. With these encumbrances now removed, the company is now clear to move forward in executing its new corporate strategy. GeoNovus thanks all of its creditors and shareholders for their ongoing patience and support." McMillan Strategies, senior strategic advisor to GeoNovus, received 532,196 common shares for services rendered to GeoNovus in connection with the debt conversion. The shares issued in the debt conversion are subject to hold periods in accordance with applicable securities laws.

We seek Safe Harbor.