IN Innovium Media Properties Corp.

Innovium Media Properties Corp. ("Innovium") (TSX VENTURE:IN)(FRANKFURT:IH7)
reports that a $700,000 term loan, previously announced on February 27, 2009,
has closed. The terms of the loan remain unchanged, with the exception of the
terms of the 1,400,000 common share purchase warrants that were adjusted prior
to closing. The warrants are now exercisable at $0.10 per share until February
27, 2012.


The proceeds will be used for working capital purposes including the continued
support of Seed Media Group LLC.


About Innovium Media Properties Corp.

Innovium's venture investment portfolio is devoted to Seed Media Group LLC, a
private media and technology company focused on the professional and consumer
science markets. Seed's award winning brands include Seed(R)
(www.seedmagazine.com) and ScienceBlogs(R) (www.scienceblogs.com). Innovium
trades under the symbol IN on the TSX Venture Exchange ("TSX - V") and IH7 on
the Frankfurt Stock Exchange ("FWB").

Innovium Media Properties Corp. (TSXV:IN)
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