Legacy Ventures Signs a Letter of Intent (LOI) to Acquire Fearless Films

LAS VEGAS, NV / ACCESSWIRE / January 25, 2017 / Legacy Ventures International Inc. (Legacy Ventures) LGYV announces that the company has entered into formal discussions with Fearless Films Inc. to acquire it as a wholly owned subsidiary in exchange of shares to be determined, subject to due diligence within the next 90 days. This is a non-binding letter of intent, as is a non-definitive agreement.

Rehan Saeed, CEO of Legacy Ventures, commented, "We are pleased with the discussions of the acquisition, as this will bring great value to the long term growth of our business."

Victor Altomare, CEO of Fearless Films, commented, "We are excited to be part of these discussions, as this strategy will allow us to expand our business vision and provide a sustainable business model to all our stakeholders."

About Legacy Ventures International, Inc. (LGYV)

Legacy Ventures International, Inc. is a Nevada based multinational conglomerate focused on acquisitions of proven and high-potential businesses across a variety of business sectors. Through the strategic provision of capital and oversight to companies that have innovative products, category game changers, and established fast growth brands, Legacy Ventures will hit the market with tremendous impact and traction. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by Legacy Ventures and its subsidiaries. The company's website can be found at the following link: www.legacyventuresinc.com.

About Fearless Films Inc.

Fearless Entertainment specializes in all forms of short film and full-length feature film production. It handles everything from directing and creative directing all the way through post-production and fulfillment. The company's website can be found at the following link: http://fearlessent.com

Forward-Looking Statements

Certain statements and documents referred to in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties that face the Company; such statements may contain such words as "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," and similar expressions, and may be based on management's current assumptions and expectations. There can be no assurance that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Except as required by applicable laws, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. Readers are cautioned not to place undue reliance on any statements of forward looking information that speak only as of the date of this release.

CONTACT:

Email: info@legacyventuresinc.com
Tel: 1-800-918-3362

SOURCE: Legacy Ventures International Inc.