Fearless Films, Inc. announced that it expects to receive $1 million in funding
June 29, 2020
Share
Fearless Films, Inc. (OTCPK:FERL) announced a non-brokered private placement of up to 6,666,668 shares at a price of $0.15 per common share for gross proceeds of $1,000,000 on June 30, 2020. The transaction is expected to close on or before July 15, 2020. The shares will be subject to a hold period of six months and one day.
Fearless Films, Inc. is a Canada-based company, which is engaged in providing post-production facilities and services, and on-site and off-site off-line suites for television series and feature films. The Company offers script writing, pre-production, production, and post-production services to its clients for a of genres such as corporate/ industrial, fund raising, commercials, documentaries, music videos, video memories, short films, feature films. Its subsidiary, Fearless Films Inc. (Canada), which operates as a full-service production company. It is engaged in short film and feature film production in addition to script writing, copywriting, fulfillment, and distribution. Its video projects are divided into four parts: pre-production, production, post-production, and distribution. Its primary markets are media and entertainment companies, animation, and multimedia companies. It provides services to directors, writers, and those in need of post-production and distribution.