Knightscove Media Corp. (TSX VENTURE: KC.A)(TSX VENTURE: KC.B) ("Knightscove") is pleased to announce that it has completed a private placement offering of 1,000,000 units (each a "Unit") at a price of CDN$0.12 per Unit for aggregate proceeds of CDN$120,000. The private placement is subject to final approval of the TSX Venture Exchange.

Each Unit consists of one subordinate voting share ("KC Share") of Knightscove and one-half of one subordinate voting share purchase warrant ("Warrant"), each Warrant entitling the holder to acquire one KC Share at an exercise price of CDN$0.20 per KC Share for a term of one year. The private placement was non-brokered and thus no broker fee or commission was paid in association with the closing. The Units are subject to a hold period extending until June 26, 2011.

Knightscove continues to explore additional financing endeavours to enhance its existing lines of business and to support various corporate and film library acquisition opportunities.

Knightscove has 48,780,091 subordinate voting shares and 10,581,819 multiple voting shares issued and outstanding. Additional information regarding the business of Knightscove may be found filed on SEDAR at www.sedar.com.

These securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered, sold or resold in the United States or to a U.S. person absent registration or an applicable exemption from the registration requirements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release or the information contained herein.

Contacts: Knightscove Media Corp. Leif Bristow President and CEO 416-444-7900 x222

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