Another MAJOR deal by GNM to link up with a renowned producer Gabriel Napora.
In Hollywood its who you know and who you are involved with that attracts the NAME actors to participate.
"GeoNovus signs revenue-share deal with producer Napora
GeoNovus Media Corp (C:GNM)
Shares Issued 51,534,402
Last Close 6/17/2015 $0.02
Thursday June 18 2015 - News Release
Mr. Joe Wowk reports
GEONOVUS MEDIA SIGNS PARTICIPATION AGREEMENT WITH GABRIEL NAPORA FOR REVENUE SHARE OF SIX FILM TITLES
GeoNovus Media Corp. has signed a participation agreement with producer Gabriel Napora (Triton Films) that will entitle the company to share in the net revenues of six upcoming film titles within the next 24 months.
GeoNovus Media Corp is excited to enter into this agreement with Gabriel Napora (a GNM board member) and Triton Films, to share in the net profits of six upcoming films over the next 24 months. Mr. Napora has recently produced the Martin Sheen film "Badge of Honor" and the Danny Trejo film "Juarez 2045". The Sony box office hit "Chappie" starring Hugh Jackman and Sigourney Weaver was based on a short film Gabriel produced with Neill Blomkamp (Director of "District 9"). Gabriel's work is known for visually striking, heavy visual effects films and he currently has projects in progress with major film studios. Mr. Napora and The Company will determine the six films pursuant to the terms of the Participation Agreement.
In consideration for the acquisition of the participation rights under the Participation Agreement, the Company has agreed to issue up to 17 million shares from treasury to Gabriel Napora.
"We are excited to ink this agreement with Gabriel and add more films to our slate. It's not just about adding six more films, but about building a business that produces films, which can add more potential assets to the foundation of GNM." stated Colin Wiebe, President of GeoNovus Media Corp. GeoNovus Media Corp is a global entertainment company with a diversified presence in motion picture production and distribution, music creation and music publishing, family entertainment, digital distribution, new streaming media platforms and international distribution and sales. For further information please contact: 604-683-3995 or info@geonovusmedia.com."
