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
2,00,000 units (each a "Unit") at a price of CDN$0.12 per Unit for aggregate
proceeds of CDN$24,000. 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 July 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 50,246,758 subordinate voting shares and 10,581,810 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.


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