Spacefy Reaches 4,000 Spaces

Toronto, Ontario--(Newsfile Corp. - June 4, 2019) - Spacefy Inc. (CSE: SPFY) ("Spacefy" or the "Company"), the sharing-economy marketplace for inspiring space rentals targeting the creative industry, today announced that over 4,000 spaces have been listed on the platform.

"Spacefy continues to accelerate the pace of new space acquisitions," says Russ Patterson, Spacefy's CEO. "We see Spacefy's curated space inventory as both a strength and a differentiator, so it's heartening to see our investments in location scouting paying off, not just with new spaces for rent, but with the exactly the kinds of spaces our community of creative professionals and location managers need for their productions and projects."

• Spacefy announced reaching 3,000 spaces on January 18^th 2019.
• Spacefy announced reaching 3,500 spaces on May 7^th, 2019.

"If we continue to accelerate on plan, Spacefy will be approaching 10,000 spaces by the end of the year." continued Patterson. "We are excited about our growing community and we are grateful to each and every space owner who has listed their property on Spacefy."

About Spacefy

Spacefy is a marketplace that connects creative professionals with spaces for their projects, productions, and events. Harnessing the power of the sharing economy, Spacefy gives creative professionals access to unique and underutilized spaces while enabling property owners to further monetize their space.

Contact Information

Spacefy Inc. Russ Patterson Chief Executive Officer russ@spacefy.com

Adelaide Capital Markets Inc. Deborah Honig Investor Relations 647-203-8793 deborah@adelaidecapital.ca

CAUTIONARY STATEMENT REGARDING FORWARD‐LOOKING INFORMATION: This news release includes certain "forward‐looking statements" under applicable Canadian securities legislation. Forward‐looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to speculation that Spacefy's space acquisitions will continue to accelerate and that Spacefy will be successful in growing inventory to approach 10,000 spaces by the end of the calendar year. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. No assurance can be given that any of the events anticipated by the forward‐looking statements will occur or, if they do occur, what benefits the Company will obtain from them. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward‐looking statements. Spacefy Inc. disclaims any intention or obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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