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GeoNovus Media Corp
Symbol GNM
Shares Issued 12,224,263
Close 2015-09-28 C$ 0.045
Market Cap C$ 550,092
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ORIGINAL: GeoNovus Media directors return shares to treasury

2015-09-30 09:55 ET - News Release

Received by email:

File: GNM-Press Release Share Return Sept 30 -15.docx

Suite 1220 - 789 West Pender Street
Vancouver, BC, Canada V6C 1H2
Telephone (604) 683-3995
Facsimile (604) 683-3988
Toll Free: 1 888 945-4770
www.geonovusmedia.com
info@geonovusmedia.com


GEONOVUS MEDIA AMENDS AGREEMENTS RETURNS SHARES TO TREASURY
September 30, 2015, Vancouver, BC - GEONOVUS MEDIA CORP. (CSE: GNM) ("GeoNovus" or the "Company") a new media company 
--->with a focus on motion picture production and distribution announces that the Company has amended the terms of two agr
--->eements  dated May 13th, 2015 and June 18th, 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 negoti
--->ated originally in the two agreements in exchange for net profit interests in 12 upcoming productions collectively.  M
--->r. Marlowe has agreed to retain 500,000 shares for the net profit interest of the movie "Absolution" currently owned b
--->y 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 in
--->volved. 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 fee's may be payable in relation to the private placement announced on Septemb
--->er 9, 2015.
For further information please contact: 604-683-3995 or info@geonovusmedia.com.
ON BEHALF OF THE BOARD
Joe Wowk  Director
CONTACT INFORMATION
Suite 1220 - 789 West Pender Street
Vancouver, British Columbia, V6C 1H2
Telephone (604) 683-3995
Facsimile: 1-604-683-3988
www.geonovusmedia.com 

Neither the CSNX nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securit
--->ies Exchange) accepts responsibility for the adequacy or accuracy of this release.




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