CALGARY, Alberta, Dec. 13, 2022 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (" ApartmentLove " or the " Company "), a leading provider of online home and apartment rental marketing services to landlords and renters in North America and elsewhere around the world, is pleased to announce that, further to the press release issued by the Company on November 3, 2022, it has today (the " Initial Closing Date ") closed the initial tranche of its previously announced commercially reasonable efforts agency basis private placement (the " Brokered Offering ") with Canaccord Genuity Corp. (the " Agent "), and concurrent non-brokered private placement (the " Non-Brokered Offering ", and together with the Brokered Offering, the " Offering "), of 10% unsecured debenture units (the " Debenture Units ") of the Company, for total gross proceeds of C$2,896,000.