Intertainment Media Inc. announced that it has secured a bridge loan in the aggregate principal amount of $107,000 from certain arm's length parties to the Company (the "Lenders") bearing interest at a rate of 1.0%, accruing monthly and payable upon the earlier of September 19, 2017 or upon demand by the Lenders. The Corporation is in the process of securing additional loans in the amount of up to a maximum principal amount of $300,000. As security for the payment of the Company's obligations and for the fulfilment and satisfaction of all covenants and agreements made, the Company has entered into a general security agreement with the Lenders pursuant to which the Company has granted the Lenders security interest, which security is subordinated to the existing secured indebtedness of the Company, in respect of all of the Company's present and after acquired property.