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Wonderfilm Grants Stock Options

VANCOUVER, BC / ACCESSWIRE / September 16, 2019 / The Wonderfilm Media Corporation ("Wonderfilm" or the "Company") (TSXV:WNDR)(OTCQB:WDRFF) announces that the Board of Directors has authorized the granting of incentive stock options to the directors of the Company and the incoming CFO (starting November 1, 2019) to acquire an aggregate of 900,000 common shares of the Company with an exercise price of $0.20 per share expiring September 12, 2020.

In addition, the Board of Directors has authorized the granting of incentive stock options to various consultants of the Company to acquire an aggregate of 1,425,000 common shares of the Company with an exercise price of $0.20 per share expiring September 12, 2020.

The stock options will be filed pursuant to the policies of the TSX Venture Exchange and subject to regulatory acceptance.

Neither the TSX Venture Exchange Inc. (“Exchange”) nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.

About Wonderfilm

Wonderfilm is a leading publicly traded (TSX Venture Exchange) entertainment company with production offices in Los Angeles and corporate offices in Vancouver. The Company’s core business is producing market-driven independent feature films and quality television series for multi-platform global exploitation. Wonderfilm is a producer and distributor only for the projects disclosed. The legal ownership of movie productions are held in a special purpose legal entity held at arm’s length to the Company to facilitate for the qualification of various levels of domestic and foreign government tax credit incentives that are customary in the film and production business.

Cautionary Statements

This press release contains forward-looking statements that are subject to substantial risks, uncertainties and assumptions. All statements other than statements of historical fact contained in this press release are forward-looking statements. These statements often include words such as "believe," "expect," “target,” "anticipate," “forecast,” "intend," "plan," "projects," "seek," "will," "may" or similar expressions. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Wonderfilm’s control and Wonderfilm’s actual results could well differ materially from those stated or implied in forward-looking statements due to several factors.

Although Wonderfilm believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All such reflect the date made only. Wonderfilm undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further details, please see the Company’s documents filed on the System for Electronic Document Analysis and Retrieval at www.sedar.com.

For further information, please contact:

Kirk Shaw
The Wonderfilm Media Corporation
Chief Executive Officer
(604) 638-4890
info@wonderfilm.com

SOURCE: The Wonderfilm Media Corporation



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