"We've been working on this change for some time, and it represents a change in our trade name; not our purpose, our vision, our structure, or how we operate and it comes at an exciting time in the Company's growth as we ramp our launch slate of new games and further scale our Game Kit partners," said
The Company intends to seek shareholder approval to formally change its legal name to "
Trading of the Company's common shares will commence under new symbol "EAGR" on the TSX effective at the opening on
Board Chair
The Company announces that
"I am honoured to be named as Executive Chair and look forward to bringing leadership and driving tremendous growth across the entire organization. Since the founding of East Side Games over 10 years ago, we've worked hard to establish ourselves as a voice for underserved audiences and as a builder of engaging content. This commitment hasn't changed as we continue to grow our brand internationally and cement our reputation as not only a game developer, but also as a publisher, and a provider of innovative platforms for developers. I have never been more excited about our growth prospects, as we build on the vision and legacy of East Side Games to reflect our journey and who we are as a company," said
Preliminary Base Shelf Prospectus
The Company announces that it has filed a preliminary short form base shelf prospectus (the "Preliminary Shelf Prospectus") with the securities commissions in each of the provinces of
When made final or effective, the Preliminary Shelf Prospectus will allow the Company to undertake offerings of its common shares, warrants, debt securities, subscription receipts and units (collectively, "Securities"), or any combination thereof, up to an aggregate total of
A copy of the Preliminary Shelf Prospectus, and copies of the final short form base shelf prospectus and any supplements that may be filed in the future, can be found under the Company's SEDAR profile.
This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such jurisdiction.
ABOUT EAST SIDE GAMES GROUP
We are headquartered in
Additional information about the Company continues to be available under its legal name,
Forward-looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the proposed transactions described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. 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. 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. In particular, the Company cautions that the filing of a final shelf prospectus or the completion of financings cannot be predicted with certainty, and there can be no assurance at this time that a final shelf prospectus may not be filed, the Company may not pursue any financings under a final shelf prospectus, and the Company may not receive all required approvals and consents in regards to same will be obtained in the manner noted above or at all. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.
SOURCE
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