TORONTO, ON / ACCESSWIRE / December 9, 2019 / Fearless Films, Inc. (OTCQB:FERL) (The Company) announces that it has entered in a $5 million equity financing facility with Crown Bridge Partners, LLC. The funds will be used to develop the company's film assets by providing capital to complete film projects and to enable the company to participate as a partner with other production firms. The facility will also be used to provide capital for general corporate purposes. The facility is subject to closing conditions including regulatory approvals.
"We have a number of projects that are very promising and this funding will enhance our ability to move them forward in a timely manner. We believe that demand for quality entertainment content will continue as the advent of streaming media has created rising demand for entertainment properties." said Victor Altomare, CEO of the wholly-owned operating division, founder and creative lead for Fearless Films Inc. "We're very grateful to Crown Bridge Partners LLC for believing in our vision for the company" he added.
The Company's Business:
Fearless Films, Inc. is an independent full-service production company founded by award-winning actor, producer Victor Altomare. Along with company favorite; award-winning writer, director Goran Kalezic, Fearless produces top quality entertainment with an edge. The service scope specializes in short film and feature film production in addition to script writing, copywriting, fulfillment and distribution. Since its inception, Fearless Films has been on the map as a top independent producer winning accolades at most major film festivals and is known to have a keen eye for emerging talent.
Visit us at: www.fearlessent.com
Contacts:
Fearless Films, Inc.
Dennis dos Santos
President & CEO
416 665-7297
info.fearlessent@gmail.com
The Company trades on the OTCQB tier of the OTC market. Investors can find Real-time quotes and market Information for the Company on: http://www.otcmarkets.com/
Forward Looking Statements
Certain statements contained in the press release above are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations and statements of future economic performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from what is currently anticipated. The Company cannot guarantee its future results, levels of activity, performance or achievements. The Company disclaims any obligation or intention to update any forward-looking statement.
SOURCE: Fearless Films, Inc.
View source version on accesswire.com:
https://www.accesswire.com/569535/Fearless-Films-Inc-Announces-5-Million-Financing-Facility
