Facts About Urbanimmersive Provides Update on the Acquisition of Uncovered

The table format is: showcaseng@dev-> \ d offering Table "public. using" Column Type Modifiers --------------------+ -------------------------- +---------------------------------------------------------------- offering_id integer not null default nextval(' offering_offering_id_seq':: regclass) property_id integer not null offering_type_id integer not null offering_status_id integer not null dts timestamp with time zone not null price numerical( 9,2) not null Indexes: "offering_pkey" PRIMARY SECRET, btree (offering_id) Foreign-key constraints: "fkey_offering_property" FOREIGN SECRET (property_id) REFERRALS home( property_id) ON DELETE WATERFALL "fkey_offering_status" FOREIGN KEY (offering_status_id) REFERENCES offering_status( offering_status_id) ON DELETE WATERFALL "fkey_offering_type" FOREIGN SECRET (offering_type_id) REFERRALS offering_type( offering_type_id) ON DELETE CASCADE I utilized the "reverse" job to produce schema.

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MONTREAL, July 04, 2018 (GLOBE NEWSWIRE)-- Urbanimmersive Inc. (" Urbanimmersive" or the "Corporation") (TSX ENDEAVOR: UI) (OTC PINK: UBMRF), the realty material marketing platform, wants to supply an upgrade on the acquisition of Tourbuzz, LLC (" Tourbuzz"), the leading property professional photographer software application option provider in North America, which was announced on April 3, 2018 (the "Deal").

Alan Pinstein and Paul Rodman, have concurred to be paid for the purchase rate for the acquisition by Urbanimmersive of 100% of the minimal liability company interests in Tourbuzz, as follows (i) US$ 2,500,000 in cash, (ii) US$ 1,500,000 in principal amount of protected convertible debentures (the "Convertible Debentures") and (iii) 1,950,000 common share purchase warrants (the "Warrants").

The Alan Pinstein - Vimeo Statements

0% per year and will be convertible into common shares of the Corporation (" Shares") at a conversion cost of C$ 0. 125 per Share. The Convertible Debentures will mature on the date that is four years from the closing date of the Transaction. Key Reference will entitle the holder thereof to obtain one Share for a period of four years from the closing date of the Deal at a cost of C$ 0.

In addition, Urbanimmersive and Tourbuzz changed their binding letter of intent dated March 30, 2018 (the "LOI") in order to extend the exclusivity duration up until July 15, 2018 (or such later date as might be accepted in composing by the celebrations). All the other terms and conditions of the LOI remain the same and as explained in the press release of the Corporation dated April 3, 2018.