Urbanimmersive Inc. announced a best efforts private placement to issue common shares for the gross proceeds of $11,000,000 on December 1, 2023. This financing will be realized on a best-effort basis and may include up to $1,000,000 of convertible debenture as short-term bridge financing, with terms and conditions to be defined based on market conditions. The Company requires various regulatory requirements and approvals, including but not limited approvals by the Securities and Exchange Commission and TSX-V, and there is no guarantee that the Company can meet those requirements.

TSX Venture Exchange has not reviewed this press release and has neither approved nor disapproved the contents of this press release.