Intema announces closing of HypeX acquisition and grant of stock options
09 2월 2021 - 9:00PM
Intema Solutions Inc. (“
Intema”
or the “
Corporation”) (TSXV: ITM, OTCMKTS: ITMZF)
is pleased to announce that it has completed the acquisition of all
of the issued and outstanding shares of HypeX.gg Plateforme de Jeux
Sociaux Inc. (“
HypeX”), previously disclosed on
January 20, 2021. As a result, Intema made a cash payment of
$75,000 and issued 1,625,000 common shares of Intema to the HypeX
shareholders.
“We are very pleased to have closed our first
Esports acquisition, and we will pursue our strategy of
diversifying our business into this new vertical for Intema, mainly
through complementary acquisitions to broaden our service offering
in the Esports and iGaming sectors,” said Laurent Benezra,
President and CEO of Intema.
The Corporation also wishes to announce that it
has granted a total of 2,500,000 stock options to HypeX’s employees
and management pursuant to the Corporation’s stock option plan. The
stock options have an exercise price of $0.255 per share, and will
vest over a period of four (4) years. The stock option grant is
also subject to regulatory and shareholder approval with respect to
the expansion of the Corporation’s stock option plan.
About HypeXOn the retail side
HypeX.gg is an Esports tournament and social platform. On the
commercial side HypeX is a next-gen advertising platform
specializing in endemic & non-endemic advertising
opportunities. HypeX has refined Esports demand into three major
categories of individuals: Athletes, Audience members and Content
creators. By designing functionality & incentive to appeal to
these three categories, HypeX creates seamless advertising
opportunities for retail brands, organizations and companies.
Within these engagements HypeX is able to elicit specific consumer
behaviours on behalf of the brand, offering a significantly greater
ROI on their advertising budget. In addition to having 50,000
users, HypeX has ran tournaments & established partnerships
with over 20 different brands & organizations
internationally.
About IntemaIntema has been simplifying and
optimizing the online marketing activities of medium and large
companies through innovative technologies and cutting-edge
expertise for over 20 years. A Canadian leader in permission-based
email marketing, Intema provides a wide range of products and
services, including content and predictive AI marketing, as
well as related professional services. For more information, please
visit our corporate website at intema.com.
Forward-looking statementsThis
press release may contain “forward-looking statements”. All
statements in this press release other than statements of
historical facts, including, without limitation, those
regarding the financial performance of the Corporation;
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;
renewal of the Corporation’s current customer, supplier and other
material agreements; 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, there can be no assurance that they will prove to be
accurate and that the acquisition will be completed as planned,
that the financing will take place as described and that
regulatory/TSXV approval will be obtained as actual results and
future events could differ materially from those anticipated in
such statements. 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.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
For more information:
Intema Solutions Inc. |
Laurent
Benezra |
Alain
Béland |
(514) 465-5453 |
(514) 947-5784 |
laurent@intema.ca |
alain@intema.ca |
Intema Solutions (TSXV:ITM)
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