Mr. Alen Silverrstieen reports

IMAGINATION PARK UPSIZES PREVIOUSLY ANNOUNCED FINANCING

Imagination Park Entertainment Inc. has upsized its non-brokered private placement financing for total gross proceeds of $2-million, announced on Oct. 12, 2018, to approximately $3-million. As part of the upsize, certain insiders and existing shareholders today sold shares at 12 cents and are using the proceeds to participate in the financing.

"We're pleased at the investor response since announcing our private placement two weeks ago," said Alen Paul Silverrstieen, Imagination Park's president and chief executive officer. "Company insiders are participating on approximately 13 per cent of this financing. Once this financing closes, we will be very well capitalized to execute against our healthy pipeline of over 20 prospects. We'd like to thank our current and new investors for helping the company to close this private placement quickly."

The private placement is anticipated to close next week.

About Imagination Park Entertainment Inc.

Imagination Park, through its wholly owned subsidiary XenoHolographic, creates engaging and interactive holographic content delivered by its cloud-based augmented reality enterprise platforms. The company provides augmented reality products for mobile phones and wearable headsets as well as rapid deployment of augmented reality solutions without the need for developers, while integrating artificial intelligence (AI) and blockchain.