Fantasy 360 Technologies Begins Trading in the USA on the OTC Markets Exchange

Rhea-AI Summary

Fantasy 360 Technologies Inc., trading under the symbol FNTTF on the OTCQB, announced successful approval for its common shares to move from the OTC Pink Open Market to the OTCQB Venture Market, effective November 24, 2021. Existing U.S. shareholders will see no action required for this transition. The company's shares remain listed on the Canadian Securities Exchange under VRAR and on the Frankfurt Stock Exchange under 79W. Fantasy 360 is a leader in virtual and augmented reality entertainment, providing immersive experiences for major clients like Intel and Capital One.

Positive

• Transition to OTCQB enhances credibility and accessibility for U.S. investors.
• No additional action required from existing shareholders, ensuring a smooth transition.
• Recognition as a leader in VR and AR indicates strong market position.
• Partnerships with major corporations like Intel and Bayer enhance business prospects.

Negative

• None.

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech” or “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE: 79W) (OTCQB: FNTTF) is pleased to announce that its common shares are now trading on the OTC Markets Exchange ("OTCQB") for our USA investors under the symbol "FNTTF".

Fantasy 360 Technologies Inc. has received approval after a successful application process for the OTCQB Venture Market, was approved on November 24th, 2021 under the symbol FNTTF. Existing U.S. shareholders of Fantasy 360 Technologies Inc. previously quoted on the OTC Pink Open Market, will now be quoted on the OTCQB without any further action needed.

The company's common shares continue to be listed on the Canadian Securities Exchange (“CSE”) under the symbol VRAR and the Frankfurt Stock Exchange (“FSE”) under the symbol 79W.

ABOUT FANTASY 360 TECHNOLOGIES INC. D/B/A IMMERSIVE TECH

Fantasy 360 Technologies is building the Physical Metaverse through its location-based Platform. Since 2016 the Company has been an industry leader in Social Entertainment, Virtual Reality (VR) and Augmented Reality (AR) entertainment attractions. With its Hardware Platform UNCONTAINED and its Software Platform Uncontained/OS, the company helps its stakeholders build user experiences unmatched in realism, depth and immersion. The company builds experiences on its platforms for some of the world's largest companies including: Intel, Bayer, Capital One, Scotia Bank, the US Food and Drug Administration, Allegiant Airlines and more.

On behalf of the Board of Directors

Tim Bieber - Director and Chief Executive Officer
Fantasy 360 Technologies Inc. d/b/a Immersive Tech
https://www.immersivetech.co/

For further information about Fantasy 360, please contact:

Contact - Tim Bieber
Email: investors@immersivetech.co
Telephone: +1-604-283-3029

FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could," "estimates," "expects," "forecasts," "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about GameOn's listing and commencement of trading on the CSE.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Fantasy 360 disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

FAQ

What does the OTCQB listing mean for FNTTF investors?

The OTCQB listing for FNTTF improves trading transparency and can attract more institutional interest, potentially leading to increased liquidity.

When did Fantasy 360 Technologies announce the OTCQB approval?

The approval was announced on November 29, 2021, with the effective date being November 24, 2021.

What is the significance of moving from OTC Pink to OTCQB for FNTTF?

Moving from OTC Pink to OTCQB signifies improved compliance with higher financial standards and reporting requirements, enhancing the company's credibility.

What are the trading symbols for Fantasy 360 Technologies?

Fantasy 360 Technologies trades under FNTTF on the OTCQB, VRAR on the Canadian Securities Exchange, and 79W on the Frankfurt Stock Exchange.