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File: GNM News - PP Extension Jan 20-16.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 ANNOUNCES EXTENSION OF PRIVATE PLACEMENT
January 20, 2016, VANCOUVER, B.C. - GEONOVUS MEDIA CORP. (CSE: GNM) ("GeoNovus" or the "Company") is pleased to announ
--->ce that it has extended the closing of its non-brokered private placement. The private placement will be for up to 10,
--->000,000 units at a price of CDN$0.05 per unit. Each unit shall be comprised of 1 common share ("Share") of the Company
---> and 1 warrant. Each warrant shall be exercisable to purchase 1 additional Share at an exercise price of CDN$0.10 per
--->Share for up to 12 months from the date of issue. Finder's fees may be payable in relation to the private placement.
Proceeds from the private placement will be used for the Company's short term payables and for general working capital
--->.
For further information, visit www.geonovusmedia.com.
On Behalf of GeoNovus Colin Wiebe Suite 1220 - 789 West Pender Street Vancouver, British Columbia, V6C 1H2 Telephone:
---> 604-683-3995 Email: info@geonovusmedia.com
The CSE has not reviewed, nor approved or disapproved the content of this press release.
Forward-Looking Information:
This press release and the Company's website referenced herein may include forward-looking information within the mean
--->ing of Canadian securities legislation. Forward-looking information is based on certain key expectations and assumptio
--->ns made by the management of GeoNovus Media Corp. Although the Company believes that the expectations and assumptions
--->on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-
--->looking information because the Company can give no assurance that they will prove to be correct. Forward-looking stat
--->ements contained in the press release are made as of the date of this press release. The Company disclaims any intent
--->or obligation to update publicly any forward-looking information, whether as a result of new information, future event
--->s or results or otherwise, other than as required by applicable securities laws.
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