XR Immersive Tech Inc. (“Immersive Tech”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that on January 19, 2022, it filed two full patent applications for its patent-pending technology with the Canadian Intellectual Property Office.

Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech”, “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that, it will change its name to XR Immersive Tech Inc. (the "Name Change"), effective as of February 3, 2022.

Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech”, “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce a long term development agreement with HTC Corporation (“HTC”) (TWSE: 2498), the leading technology pioneer in innovative virtual reality (“VR”) technologies, and its VIVE VR headset division, to assist with further development to elevate the Company’s hyper-immersive VR technologies to new levels.

Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech”, “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce, further to its press release dated September 20, 2021, that it has entered into a binding share purchase agreement dated January 4, 2022 (the “SPA”) pursuant to which it shall acquire 100% of the equity interests of California-based Synthesis VR Inc. (“Synthesis VR”) (the “Transaction”).

Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech” or the “Company”) (CSE:VRAR) (FSE: 79W) (OTCQB: FNTTF) is pleased to announce that it has entered into a loan agreement between the Company and Westdale Construction Co. Limited (“Westdale”) dated December 17 whereby the Company will borrow up to an aggregate of $3,000,000 loan (the “Loan”) and will issue to Westdale 2,000,000 common share purchase warrants (the “Warrants”).

Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech”, “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that the Depository Trust Company ("DTC") has made Fantasy 360 common shares eligible for electronic deposit with DTC. DTC is a subsidiary of the Depository Trust and Clearing Corporation ("DTCC"), one of the world's largest securities depositories.

Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech”, “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce it has executed a non-binding letter of intent on December 6, 2021 (the “LOI”) with a leading immersive entertainment company for the production and sale of two UNCONTAINED standalone virtual reality “VR” attraction units, for a proposed new mixed use entertainment facility being planned for the Las Vegas strip.

Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech” or “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE: 79W) (OTCQB: FNTTF) The company behind the UNCONTAINED hyper-immersive standalone VR attraction, was a first time exhibitor at the IAAPA Expo 2021 in Orlando Florida.