2021 Highlights:
- Acquisition of HypeX.gg, a first-of-its-kind social gaming platform comprising a leading esports tournament and wagering platform.
- Acquisition of TheSMACK.gg, an esports product and lifestyle company serving a rapidly expanding community of gamers and commercial brands.
- Ongoing acquisition of
Livestream Gaming Ltd. (parent company of LOOT.BET), a licensed server-based real-money gaming platform and a top brand in the world of esports betting. - Acquisition of Team BH, Canada’s second largest esports and gaming entertainment organization, with a combined following of over 7.25 million people across its primary platforms.
- Second closing on its
$15 million financing, for total gross proceeds of over$10 million to date. - Letter of intent to acquire all the outstanding shares of
Parabellum Media Inc. , owner ofParabellum Esports and Northern Shield Academy . - Application filed with the
Alcohol and Gaming Commission of Ontario to become a fully registered operator of Internet gaming and sports betting inOntario , Canada’s largest and most populous province. - Granting of an Isle of Man online gambling license to
Livestream Esports Limited , a wholly owned subsidiary of Intema. - Letter of intent signed with
Wild Rose Entertainment to grant Generationz, Intema’sU.S. subsidiary, a LOOT.BET sports wagering skin. - Board and management team enhanced by the appointment of
Art Manteris ,Marc Brassard andPhilip Nolan as directors andJonathan Kowit andJennifer Lazarus as executive marketing advisors.
“The year 2021 has been very active and productive for Intema, allowing us to reach several milestones, including the granting of the Isle of Man online gambling license and the signing and closing of multiple promising acquisitions,” said
Private placement extension
Further to the news release dated
About Intema
Contact
President and CEO
514-861-1881
info@intema.ca
Forward-Looking Statements
This press release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements” within the meaning of applicable Canadian securities laws. All statements, other than statements of historical facts, included in this press release, including, without limitation, those regarding the Private Placement; the expected development of the Corporation’s business and projects; execution of the Corporation’s vision and growth strategy; sources and availability of financing for the Corporation’s projects; and future liquidity, working capital, and capital requirements, are forward-looking statements. Although the forward-looking statements in this press release are based upon what management of the Corporation believes are reasonable assumptions, they are inherently subject to significant business, economic and competitive uncertainties, and contingencies, and there can be no assurance that they will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-Looking statements can generally be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this press release relate to, among other things, statements relating to the terms of the Private Placement and the terms of the Proposed Transaction; Intema’s future outlook and anticipated events or results; and the completion of the Private Placement and the Proposed Transaction. Actual future results may differ materially. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. The Corporation’s statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of the Corporation’s control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Private Placement and the Proposed Transaction, including: that the Corporation’s assumptions in making forward-looking statements may prove to be incorrect; general adverse market conditions and competition; the inability to finance operations and/or obtain any future strategic investment necessary to implement new technologies; the inability to build a sustainable, conscientious company with a stronger presence online through new products in esports and gaming; the inability to obtain, or maintain, gaming license(s); and that market conditions related to the COVID-19 pandemic may negatively affect the outcome of the business or operations of the Corporation, including its results and financial condition. Except as required by securities law, the Corporation does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. The Corporation undertakes no obligation to update forward-looking statements except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
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