Rochester, New York 1/9/2010 5:40:00 AM
News / Business

Knightscove Media Completes Private Placement for Gross Proceeds of Cdn$410,000

Knightscove Media Corp. (TSX-V: KC.A; KC.B) has completed a private placement offering which consisted of 4,100,000 units for Cdn$0.10 per unit resulting in total gross proceeds of Cdn$410,000.00. The company plans to use these funds to assist in the execution of its business objectives.

 

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Each unit contains 1 subordinate voting share of Knightscove and 1/2 of a subordinate voting share purchase warrant. Each warrant enables its holder to purchase 1 voting share for Cdn$0.15 per voting share for a period of 1 year.

 

Knightscove Media Corp.

Knightscove Media Corp.is a fully integrated Canadian entertainment company specializing in the distribution, creation and financing of high quality live action feature films and television productions for the whole family under its brand"Knightscove Family Films". Its goal is to serve as a fully-integrated entertainment company to distribute and finance third party and proprietary film and television product specifically for the family entertainment market.

 

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