TGS Esports Inc. ('TGS' or the 'Company') (TSXV: TGS) (FRA: 5RH) is pleased to announce that it has completed its previously announced acquisition (the 'Acquisition') of Pepper Esports Inc. ('Pepper'), a next generation competitive esports platform.

As part of the Acquisition, the Pepper executive team, Guy Halford-Thompson, Jackson Warren and Ben Hoffman, who have a decade of combined experience in growing earlystage companies in the public markets, joined the TGS executive team, and Guy Halford-Thompson will join the TGS board of directors. With the acquisition complete, TGS adds a next generation online platform to their esports tournament and event expertise. This all-in-one offering allows any individual, brand, or school to create and manage player communities, spectators, sponsors, and brands-all in one place. 'The Pepper platform is a core component of our 2021 growth strategy. Organizers and communities previously had to utilize multiple third-party applications to put on a successful event, including TGS, and we are esports event experts.' said Spiro Khouri, CEO of TGS. 'With the addition of Pepper, the entire experience can be brought under one roof. This provides tremendous value for our team and any of our partners.' Pepper has just launched its live Beta (pepper.gg) with select customers. Additional features are being rolled out on the Pepper platform over the next few months, with Pepper's full launch expected in Q1 2021. 'Now the acquisition is complete we can accelerate our development of the Pepper platform to address the increased interest we are seeing from clients.' said Guy Halford-Thompson, CEO of Pepper Esports. 'As a single, unified team, we are able to offer a full suite of services from integrated streaming to full event management sets us apart from other platforms.'

About TGS Esports Inc.

TGS Esports Inc. is an esports organization focused on providing an unparalleled esports experience through its expertise in online and in-person event management, broadcast production, and Pepper Esports' tournament software. TGS is the owner of Canada's first dedicated esports arena, The Gaming Stadium, located in Richmond, British Columbia, which opened in June 2019. The Gaming Stadium hosts regular online tournaments as well as provides high quality broadcast production for any event.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. 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 the business of the Company following the Acquisition and the release of TGS Shares from escrow. 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. The risks include the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic and other risks that are customary to transactions of this nature. 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. This press release is not an offer of the securities for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

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