Imagination Park Film “Spoken Word” has Been Accepted for the 2017 Short Film Corner at Festival de Cannes in France

Vancouver, BC – March 30, 2017 – Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) (FRA: GMS1) (“Imagination Park” or the “Company”) is pleased to announce that it’s short film “Spoken Word” has been accepted for the 2017 Cannes Short Film Corner, available throughout the Festival de Cannes in the video library from May 22 to May 28, 2017.

“Spoken Word” will receive two accreditations at the Cannes Film Festival during the Short Film Corner and will be available at the Digital Film Library for all festival-goers to see. Imagination Park, as sole owner of the film, also plans to organize a private screening during the Cannes Film Festival for investors and industry personnel.

“Spoken Word” was produced by Gabriel Napora and Tim Marlowe of Imagination Park and Michelle Romano, directed by Ilan Srulovicz, an acclaimed actor, and stars Lance Reddick as an African-American judge in a moral conflict. Race, perception and consequence become the center point of three lives, as Judge Matthews realizes that he can no longer overlook his actions from the bench. Imagination Park plans to develop “Spoken Word” into a full-length feature film.

“Spoken Word” has already been awarded BEST FEATURE FILM from the Independent Cinema Foundation and Festival Academy and Spoken Word star, actor Lance Reddick, won the ICFFA award for BEST ACTOR.

Gabriel Napora, CEO of Imagination Park, states: “Getting into the Cannes Short Film Corner is an honour for us and once again shows Spoken Word is a respected film with deep themes and relevant and timely social value. We are very proud of what we’ve done and the exposure this film is getting.”

The official trailer for the film is available for viewing here: https://vimeo.com/198632658

The Company also wishes to announce that John Masters, interim CFO of the Company, has stepped down from his position. Imagination Park and Mr. Masters have mutually agreed to proceed with an executive search for a full-time CFO to assist the Company as it pursues the next phase of its business. The Company thanks Mr. Masters for his time and wishes him the best in his future endeavours.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Imagination Park Film “Spoken Word” Chosen as an Official Selection at the 15th Annual Garden State Film Festival in New Jersey and the Newport Beach Film Festival

Vancouver, BC – March 27, 2017 – Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) (FRA: GMS1) (“Imagination Park” or the “Company”) is pleased to announce that it’s short film “Spoken Word” has been chosen to be screened at the 15th Annual Garden State Film Festival in New Jersey March 30 – April 2, 2017 as well as the Newport Beach Film Festival which takes place April 20-27, 2017.

Spoken Word Film Cover

“Spoken Word” was produced by Gabriel Napora and Tim Marlowe of Imagination Park, directed by Ilan Srulovicz, acclaimed actor, and stars Lance Reddick as an African-American judge in a moral conflict. Race, perception and consequence become the center point of three lives, as Judge Matthews realizes that he can no longer overlook his actions from the bench.

Imagination Park plans to develop “Spoken Word” into a full-length feature film.

“Spoken Word” has already been awarded BEST FEATURE FILM from the Independent Cinema Foundation and Festival Academy and Spoken Word star, actor Lance Reddick, won the ICFFA award for BEST ACTOR.

Gabriel Napora, CEO of Imagination Park, states: “We’re very happy with how well this film has performed and being featured at great festivals such as these reflects our quality of work. Everyone in the Company started in the entertainment industry so they could tell meaningful, entertaining stories and there’s nothing that is going to stop us from doing that. We are more committed now than ever before to delivering world class content in both the virtual reality / augmented reality and film areas.”

The official trailer for the film is available for viewing here: https://vimeo.com/198632658

 

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Imagination Park Engages Gravitas Securities Lead $6,000,000 Brokered Private Placement

Vancouver, BC – March 20, 2017 – Imagination Park Entertainment Inc. (CSE:IP) (OTCC:IPNFF) (FRA: GMS1) (“Imagination Park” or the “Company”) is pleased to announce that it has entered into an engagement letter with Gravitas Securities Inc. (the “Agent”) in respect of a brokered private placement offering of up to 13,043,478 units of the Company (“Units”) at a price of $0.46 per Unit (the “Offering Price”), for aggregate gross proceeds of up to $6,000,000 (the “Offering”). The net proceeds of the Offering will be used to aid in the Company’s ongoing efforts to create and deliver transformational experiences through the production and distribution of intellectual property for film and virtual reality and for general corporate purposes.

Each Unit will consist of one common share of the Company (each, a “Common Share”) and one common share purchase warrant of the Company (each, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Common Share (each, a “Warrant Share”) at an exercise price of $0.75 for a period of two years following the closing date of the Offering (the “Closing Date”). The Warrants will be subject to an acceleration period (the “Warrant Acceleration Period”). The Warrant Acceleration Period shall be trigged if the Common Shares of the Company, traded on the Canadian Securities Exchange (the “CSE”), trade at a volume weighted average price exceeding $0.90 per Common Share for a period of 20 consecutive trading days.

The Company has agreed to grant the Agent an over-allotment option (the “Over-Allotment Option”) to purchase up to an additional 1,956,522 Units at the Offering Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the Closing Date. If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering will be $6,900,000.

For its services, the Agent will receive a cash commission and compensation warrants (“Broker Warrants”). Each Broker Warrant will entitle the holder to acquire one Unit at an exercise price equal to the Offering Price for a period of two years following the Closing Date.

The Offering is expected to close on or about April 30, 2017 or such other date as the Company and the Agent may agree, and is subject to certain conditions, including completion of formal documentation and receipt of regulatory approval, including the approval of the CSE. Pursuant to Canadian securities laws, any securities issued in the Offering will be subject to a hold period of four months plus one day from the date of issuance.

Gabriel Napora, CEO of Imagination Park, stated in respect of the Offering: As this is our Company’s first financial raise as Imagination Park, these funds will be instrumental to advancing our business plan with respect to the creation, production, selling and licensing of our sci-fi/fantasy genre co-view content for film and virtual reality…It will also allow us to ramp up our sales force and marketing efforts to hit our revenue projections for the company.”

About Imagination Park

Imagination Park is an emerging digital content production company, working with talented filmmakers around the world to bring conventional as well as virtual reality content to life.

ON BEHALF OF THE BOARD,

Gabriel Napora
Chief Executive Officer & Director

For more information please contact: Gabriel Napora, CEO of Imagination Park, at 310-310-4028 or [email protected]

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Mitch Davis, Film and Music Producer, Joins The Imagination Park Advisory Board

Vancouver, BC – March 16, 2017 – Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) (“Imagination Park” or the “Company”) is pleased to announce the appointment of Mitch Davis to its Board of Advisors. Mr. Davis has an impeccable musical pedigree, second to none, and has focused his career on producing films, documentaries, live musical events, and creating intellectual property.

His father, Clive Davis, is a living music legend who has signed, influenced and driven the careers of some of the most significant artists of our time such as Whitney Houston, Bruce Springsteen, Simon & Garfunkel, Rod Stewart, Air Supply, Alicia Keys, Barry Manilow, Christina Aguilera, Carlos Santana, Kelly Clarkson, Leona Lewis and Jennifer Hudson. Mitch Davis is one of the producers alongside movie industry heavyweight Ridley Scott, on the documentary CLIVE DAVIS: THE SOUNDTRACK OF OUR LIVES (2017), which will open at the Tribeca Film Festival this year at the Radio City Music Hall.

Gabriel Napora, CEO of Imagination Park, stated: “Mitch has impeccable taste in all areas of entertainment. He will blow open the doors to the music industry for Imagination Park and assist us in securing large film projects as well as financiers. He is an exceptional talent and our executive team is very excited to work with him.”

Yas Taalat, Director of Imagination Park, added:  “From day one, I knew Mitch would be the perfect fit for the Imagination Park team.  He is a dynamic force and powerful addition to the Advisory Board. We know he will be an incredibly valuable asset, capable of generating many financially profitable projects for the company.”

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Imagination Park Announces Exclusive Deal With Michael Bisping, UFC Middleweight Champion Of The World For Production of a New Virtual Reality Series

Vancouver, BC – March 13, 2017 – Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) (“Imagination Park” or the “Company”) is thrilled to announce an exclusive agreement, signed on March 12, 2017, with Michael Bisping, UFC Middleweight Champion of the World, to produce a VR Series entitled “A Day in the Life of the Champ.”  Production starts next month commencing in Michael’s hometown of Los Angeles, CA and will have exclusive access to his training camp, behind the scenes activities, as well as the journey leading up to his summer championship fight against UFC Legend Georges St-Pierre. This fight is considered one of the biggest of the year in the world of MMA.

Yas Taalat, Director of Imagination Park, stated: “Michael Bisping’s journey is one of my favourite sports stories of all time.  He is the real life version of ‘Rocky Balboa.’  He is not only a good friend, but an immense talent and a true champion in every sense of the word. It is hard not to have tremendous respect for his work ethic, skills, and evolution in the sport of MMA. I am ecstatic to begin working with Michael on a thrilling Virtual Reality project. I am certain UFC, MMA and sports fans around the world will love it too!”

Gabriel Napora, CEO of Imagination Park, added: “Today is one of the best days I’ve ever had.  Getting to work with my friend Michael, the UFC Middleweight Champion, is an honor for me.  This agreement demonstrates Imagination Park’s commitment to providing the absolute best content in Virtual Reality that exists today.  Once this project is released, I expect significant revenue and it will also open the door to even more sports VR opportunities.”

Michael Bisping, UFC Middleweight Champion, said: “I am very excited to be working with world class producers Yas Taalat and Gabriel Napora, from Imagination Park Entertainment on this incredible VR series. Together, we will create something original and groundbreaking in VR that will blow people away. I have the biggest fight of my life against Georges St-Pierre and I am excited to work on this project and bring all of you with me as I successfully defend my championship belt.”

The Ultimate Fighting Championship (UFC) was recently sold for $4 billion to a group led by WME-IMG.

Further, the Company has entered into debt settlement agreements with officers, directors and consultants of the Company pursuant to which the Company has agreed to issue an aggregate of 7,926,157 common shares at a deemed price of $0.05 per Share (the “Transaction”). The amount of indebtedness settled by the Transaction is $396,307.94. The Company determined to satisfy this outstanding indebtedness with shares in order to preserve its cash for operations.

All securities issued pursuant to the Transaction will be subject to a four-month and one-day hold period. The price of the shares were reserved by way of confidential price reservation pursuant to the policies of the Canadian Securities Exchange.

Gabriel Napora, CEO of Imagination Park, commented: “The executive team at Imagination Park has worked daily this past year without a paycheck. This shares for debt transaction demonstrates that our executive management is committed long term to the company and that we intend to control the direction so investors can achieve the highest possible return.  We are committed to adding value for investors on a daily basis.”

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

China’s Largest Media Platform Signs Historic Agreement to Fund Imagination Park Films

Vancouver, BC – March 9, 2017 – Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) (“Imagination Park” or the “Company”) is pleased to announce that it has entered into an agreement with China’s largest media content provider Ohmore Media Inc. whereas Ohmore Media will finance up to 12 short films including 360 degree Virtual Reality content, for premiere release on the largest new media platform in China.

Ohmore Media, partner of the Ergeng Network, achieves over 50 billion page views per month with more than 200 distribution channels. As one of the largest global content sites, Ohmore Media has agreed to finance up to 12 of Imagination Park’s Virtual Reality titles and short films. The films will be in the popular science fiction/fantasy genre with several to be produced in China. Additionally, Ohmore Media maintains the right of first refusal to finance any feature films or TV series, which directly result from these original short film projects.

Director of Imagination Park, Yas Taalat, stated: “As original content providers, this agreement launches Imagination Park as a highly regarded global VR & short film company. Securing Ohmore as our partner in China, we can attract hundreds of millions of viewers for our unique content as well as have the opportunity to convert these projects into full feature films or TV series with a powerful partner.”

Tim Marlowe, President of Imagination Park, added: “The type of original content we produce is highly stylized and has a ready-made global audience. With our licensing deal with Ohmore Media and this new production agreement, I think we’ve found an international partner in the hottest and biggest market in the world to deliver our content to a market that loves this content and generate recurring advertising revenue.”

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.