Fearless Films Completes Prospectus Registration for $5 Million Equity Facility from Crown Bridge Partners

Fearless Films, Inc. (“Company”) (FERL) is pleased to announce that it has completed the S-1 registration process for its $5 million equity financing facility with Crown Bridge Partners, LLC. The final Prospectus was filed February 12, 2020 following receipt from the SEC that the S-1 was effective as of 4pm February 11, 2020. This completes the registration process requirement of the facility announced December 19, 2019 and makes available up to $5 million of equity financing to the Company. Funds from the facility will be used to develop the company’s balance sheet by providing capital to complete the acquisition of a film library, enable the Company to participate as a partner with other film producers, and complete its own film projects. The facility may also be used to repay debt and to provide capital for general corporate purposes. “The growth of streaming media has created rising demand for quality entertainment properties” stated Victor Altomare, CEO of the wholly-owned operating division, founder and creative lead for Fearless Films Inc. “We have a number of projects that are promising and designed

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Fearless Films, Inc. Announces $5 Million Financing Facility

Fearless Films, Inc. (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.

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Fearless Films, Inc. Selects First Film for Potential Purchase

Fearless Films, Inc. (OTCQB: FERL) (The Company) is pleased to announce that it has furthered discussions around its intent to acquire the rights to up to 12 movies from a library held by Victor Altomare, the President of Fearless Films Inc., the Company’s operating subsidiary. The Company has selected The Lunatic as the first film to be selected for appraisal and final negotiation. The Lunatic premiered at the Montreal Film festival, won the bronze award in Houston and won the Gold award at the Yorkton, Saskatchewan festival. The movie starred Victor Altomare, Lazar, Jennifer Dale, and boxing great George Chuvalo. It was produced by Victor Altomare and directed by Robert Longo. Fearless will engage an international accounting and advisory firm with a strong film industry practice to provide an independent valuation of the film, following which the company will enter into final negotiations on the purchase.

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Fearless Films Inc. Enters into Agreement to Acquire Film Library from Founder

Fearless Films Inc., (“Fearless Canada”, a wholly-owned subsidiary of Fearless Films, Inc., “Fearless”, or the “Company”) (OTCQB:FERL) is pleased to report that it has entered into a Letter of Intent with Victor Altomare, the Founder and President of Fearless Canada, to acquire acquire the rights to up to twelve movies from a library held by Victor Altomare, the President of Fearless Canada, the Company’s operating subsidiary. Among the films being considered for acquisition are The Lunatic, Bag the Wolf, and The Great Chameleon. Under the terms of the LOI, the acquisition price and consideration for each film will be negotiated separately and payable in cash and shares of the Company, subject to negotiation of the Definitive Agreements and the obtention of mutually satisfactory independent appraisals of the value of each film. The LOI is non-binding and is expected to be superseded by a Definitive Agreement to be agreed to and signed between the parties. The Transaction is subject to standard closing conditions. Further details about this transaction and the combined entity will be provided in a comprehensive press release

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About Fearless Films, Inc.

Fearless Films, Inc. is an independent full-service production Company founded by award-winning actor/producer Victor Altomare along with award-winning writer and director Goran Kalezic. The service scope specializes in short film and feature film production in addition to script writing, copywriting, fulfillment and distribution.

The Company trades on the OTCQB tier of the OTC market. Investors can find stock price quotes and market Information for the Company on: http://www.otcmarkets.com/

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