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Imagination Park Now DTC Eligible for Trading in the United States

Monday, 24 October 2016 09:00 AM

Imagination Park Entertainment Inc.

VANCOUVER, BC / ACCESSWIRE / October 24, 2016 / Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) ("Imagination Park" or the "Company") is now DTC eligible for trading of the Company's shares under the symbol "IPNFF" on the OTC marketplace in the United States.

The Depository Trust Company (DTC) is a subsidiary of the Depository Trust & Clearing Corporation DTCC, and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors.

Being DTC-eligible is expected to greatly simplify the process of trading and exchanging Imagination Park common stock on the OTC marketplace in the United States.

CEO and Director Gabriel Napora comments, "We are grateful to achieve DTC eligibility. As a growing media and entertainment Company, assisting our growing network of supporters in the United States and elsewhere around the world in accessing and trading the Company's securities is an important strategic achievement for us, to the benefit of all of our shareholders."

About Imagination Park

Imagination Park is an emerging digital content production company, working with talented filmmakers around the world to bring conventional as well as virtual reality content to life.

For more information or to explore working with us, please visit www.imagintationpark.com or email [email protected].

ON BEHALF OF THE BOARD,
Gabriel Napora
CEO & Director

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information' within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park's management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: Imagination Park Entertainment Inc.

Topic:
Company Update
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