Spatial Industries Group Inc. (formerly “Dark Slope Inc.”) Completes $3.301 Million Private Placement

December 2021

Spatial Industries Group Inc. (formerly “Dark Slope Inc.”), the Toronto-based parent of Dark Slope, a studio focused on virtual production across VR, linear TV and augmented reality, and Lumeto Inc., an immersive learning company focussed on health care and public safety sectors completed a private placement offering of Class A preferred shares for aggregate gross proceeds of $3,301,500 (the “Offering”).

The Offering was led by MaRS IAF and included Telus Ventures and Golden Ventures. Proceeds of the Offering are to be used for general corporate purposes and the continued development of Spatial Industries Group Inc.’s core technologies.

Wildeboer Dellelce LLP acted for Dark Slope Inc. in connection with the Offering with a team comprised of Geoffrey Cher, Liza Quail, Colin Romano and Emma Weiss (corporate/securities).