TORONTO, ON --
October 28, 2019 -- InvestorsHub NewsWire
-- NEW WAVE ESPORTS CORP. (the "Company" or "New
Wave Esports") (CSE: NWES) announced today that, further
to its news release on October 24, 2019, the common shares of
the Company will begin trading on the Canadian Securities Exchange
("CSE") under the stock symbol "NWES"
on October 28, 2019. Warrants previously issued by Trueclaim
Exploration Inc. will commence trading on the CSE on the same day
under the stock symbol "NWES.WT".
"We are proud of this
milestone for New Wave Esports as we open the doors to the public,
allowing fans, players, associated organizations, and communities
from around the world to invest in the esports and competitive
gaming industry," said Daniel Mitre, CEO & Managing Partner of
New Wave Esports. "We've built a strong portfolio of quality
companies led by professional teams who are paving the way for new
heights in esports. As we move forward, growth and expansion of New
Wave Esports will bring new opportunities within capital markets
and will continue to contribute to an industry we are passionate
about."
ABOUT NEW WAVE
ESPORTS CORP.
New Wave Esports is an
esports and competitive gaming company that provides capital and
support services to esports organizations, teams, leagues, events,
platforms, tools, and technology innovators.
The Company's vision is to
drive, energize, and accelerate the global growth of esports and
competitive gaming, including affiliated companies, organizations,
and technologies with the goal of enhancing experiences for
players, fans, industry professionals, and
investors.
New Wave Esports plays a
pivotal role in enhancing all aspects of the industry. They do this
by opening the doors of opportunity for future growth in esports
and competitive gaming.
New Wave Esports has
leadership teams located in Toronto, Ontario and Los
Angeles, California.
HIGHLIGHTS OF THE
NEW WAVE ESPORTS PORTFOLIO:
- Even Matchup
Gaming: Events company bringing esports to the masses
through over 80 annual events (own 18% with the option to acquire
up to 49%).
- Tiidal
Gaming: Esports organization that owns and
operates Canada's premier esports team Lazarus, one of
the highest-grossing teams in the world (invested in at
an $8M valuation with advisory seats and additional
options).
- PlayLine: Daily
fantasy sports betting platform, co-founded by UFC middleweight
champion Michael Bisping, and two time NBA All-Star Roy
Hibbert as their Investor/Strategic Partnerships
Manager.
- Thunderbolt
CDG: Full acquisition of software applications and
technology development company that has provided services for 40+
startup companies.
NEW WAVE ESPORTS
MANAGEMENT TEAM
The New Wave Esports senior
executive team, led by Daniel Mitre, has a successful track record
of building companies and expanding markets.
- Daniel Mitre (CEO
& Managing Partner): Mr. Mitre brings almost 20
years of experience working with some of the biggest names in the
game industry including EA, Sega, THQ, and
Activision-Blizzard.
- Trumbull Fisher
(President & Managing Partner): Mr. Fisher has 15
years of capital markets experience holding positions at Casimir
Capital, M Partners, and National Bank
of Canada.
- Tiffany
Lee (CFO & Corporate Secretary): Ms. Lee has
professional experience as a Controller at Mojave Jane Brands Inc.
and has held positions as Senior Staff Accountant at Constellation
Software Inc. and Intermediate Staff Accountant at Hub
International.
For more company
information and contact details, visit http://newwaveesports.com
FORWARD-LOOKING
INFORMATION DISCLAIMER
Certain statements
contained in this news release may constitute forward-looking
information. Forward-looking information is often, but not always,
identified by the use of words such as "anticipate", "plan",
"estimate", "expect", "may", "will", "intend", "should", and
similar expressions. Forward-looking information involves known and
unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those
anticipated in such forward-looking information. The Company's
actual results could differ materially from those anticipated in
this forward-looking information as a result of regulatory
decisions, competitive factors in the industries in which the
Company operates, prevailing economic conditions, changes to the
Company's strategic growth plans, and other factors, many of which
are beyond the control of the Company. The Company believes that
the expectations reflected in the forward-looking information are
reasonable, but no assurance can be given that these expectations
will prove to be correct and such forward-looking information
should not be unduly relied upon. Any forward-looking information
contained in this news release represents the Company's
expectations as of the date hereof, and is subject to change after
such date. The Company disclaims any intention or obligation to
update or revise any forward-looking information whether as a
result of new information, future events or otherwise, except as
required by applicable securities legislation.
This press release does
not constitute an offer to sell or a solicitation of an offer to
buy any of the securities in the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold
within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available. Not for distribution to U.S. Newswire Services or for
dissemination in the United States. Any failure to comply with
this restriction may constitute a violation of U.S. Securities
laws.
SOURCE NEW WAVE ESPORTS
CORP.
For further information:
Daniel Mitre, Chief Executive Officer, New Wave Esports Corp.,
Email: dmitre@newwaveesports.com