DHX Media Bought Deal Over-allotment Exercise



    /NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE
    U.S./

    www.dhxmedia.com
    AIM and TSX: DHX

    HALIFAX, Nov. 14 /CNW/ - DHX Media Ltd. ("DHX Media" or the "Company")
(AIM & TSX ticker: "DHX"), a leading independent international producer and
distributor of television programming and interactive content, today
announces, in connection with the Company's previously announced bought-deal
offering with a syndicate of underwriters led by GMP Securities L.P. and
including Canaccord Capital Company, TD Securities Inc. and Paradigm Capital
Inc. which closed on November 13, 2007 (the "Offering"), the exercise, in
part, of the over-allotment option granted under the Offering (the
"Over-Allotment Option"), pursuant to which the Company today has issued
115,000 common shares and 72,750 common share purchase warrants for gross
proceeds of $212,368.
    The Company filed a short form prospectus on November 7, 2007 in each of
the provinces of Canada to qualify the distribution of the securities issued
pursuant to the exercise of the Over-Allotment Option. Application has been
made for the common shares ("New Common Shares") issued pursuant to the
partial exercise of the Over-Allotment Option, to be admitted to trading on
the AIM market of the London Stock Exchange, which is expected to occur on
November 20, 2007. The New Common Shares will rank pari passu with the
existing common shares of the Company.

    This press release is not for dissemination in the United States or to
any United States news services. The common shares and warrants comprising the
Units have not and will not be registered under the United States Securities
Act of 1933, as amended (the "U.S. Securities Act") or any state securities
laws and may not be offered or sold in the United States or to any U.S. person
except in certain transactions exempt from the registration requirements of
the U.S. Securities Act and applicable state securities laws.

    About DHX Media Ltd.

    DHX Media Ltd. is a leading international producer and distributor of
television programming and interactive content with an emphasis on children,
family and youth markets. DHX Media Ltd. shares trade on AIM and are listed on
the TSX, the Toronto Stock Exchange. DHX Media's production companies, Decode
Entertainment and Halifax Film, are the producers or co-producers of
14 original television series and theatrical releases currently commissioned
for production and maintain a growing library of over 1,750 half-hours of
mostly children and youth-oriented television productions. www.dhxmedia.com

    Forward-Looking Statements

    Certain statements herein may constitute forward-looking statements,
including those identified by the expressions "may", "will", "should",
"could", "anticipate", "believe", "plan", "estimate", "potential", "expect",
"intend" and similar expressions to the extent they relate to the Company or
its Management. These statements reflect the Company's current expectations
and are based on information currently available to Management. These
forward-looking statements are subject to a number of risks, uncertainties,
assumptions and other factors that could cause actual results or events to
differ materially from current expectations. Factors that could cause actual
results or events to differ materially from current expectations, among other
things, include risks related to capital markets conditions and general
economic and market factors, customer contract interpretation, application of
accounting policies and principles, and production related risks, and other
factors discussed in materials filed with applicable securities regulatory
authorities from time to time including matters discussed under "Risk Factors"
in the Company's short form prospectus dated November 7, 2007 and in the
Company's Amended Annual Information Form incorporated by reference therein.
These forward-looking statements are made as of the date hereof, and the
Company assumes no obligation to update or revise them to reflect new events
or circumstances.

    With respect to the United Kingdom (the "U.K.") the Offering is only
being and may only be made to and directed at persons in the U.K. who are (a)
a "Qualified Investor" within the meaning of Section 86(7) of the Financial
Services and Markets Act 2000 of the U.K. as amended from time to time
("FSMA") and (b) within the categories of persons referred to in Article 19
(Investment professionals) or Article 49 (High net worth companies,
unincorporated associations, etc.) of the Financial Services and Markets Act
2000 (Financial Promotion) Order 2005 of the U.K. ("Financial Promotion
Order") (all such persons together being referred to as "relevant persons").
The Units are only available to, and any invitation, offer or agreement to
subscribe, purchase or otherwise acquire such common shares will be engaged in
only with, relevant persons in the UK.
    %SEDAR: 00023380E




For further information:

For further information: DHX Media Ltd.: Dana Landry, Chief Financial
Officer; David A. Regan, EVP, Corporate Development & IR, (902) 423-0260; AIM
Nominated Advisors: Canaccord Adams Limited: Neil Johnson; Erin Needra, +44
(0) 20 7050 6500

Organization Profile

DHX Media Ltd.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890