Blocplay Entertainment Inc. (CNSX:PLAY) entered into binding letter of intent to acquire 40% stake in Mobile Game Project of Ludare Games Group Inc. for CAD 0.75 million on April 12, 2021. As consideration for the Acquisition, Blocplay will issue 1,670,000 common shares in the capital of the Company to Ludare Games and make an investment in the amount of CAD 300,000 into the project. The transaction is subject to due diligence completion, approval of all regulatory and other approvals, including the approval of the CSE and closing conditions. Closing of the Acquisition is set to close on or about May 31, 2021. Blocplay Entertainment Inc. (CNSX:PLAY) completed the acquisition of 40% stake in Mobile Game Project of Ludare Games Group Inc. on June 9, 2021.