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TORONTO— Playmaker Capital Inc. (TSXV: PMKR) (“Game leader”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media and technology brands, today announced that in connection with its previously announced acquisition of YB Media LLC on July 26 2021, the company paid $2,000,000 in deferred consideration for sellers. The deferred consideration was fully satisfied by the issuance of 4,299,000 common shares (the “Deferred actions”), at a deemed price of C$0.60 per deferred share in accordance with the terms of the purchase agreement.
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As part of Playmaker’s previously announced advisory services agreement with a sales advisory group (the “Consultant”) dated February 11, 2022, Playmaker made a payment of CA$21,000 to the consultant. The payment was settled entirely by the issuance of 52,500 common shares (the “Sharing consultants”) at a price of C$0.40 per consultant share, which represents the closing price of common stock the day after the consultant’s term with the company ends.
Additionally, according to Playmaker’s previously announced acquisition of underdog dba JuanFutbol (“JuanFutbol”) on August 3, 2022, as part of the transaction, the sellers received 421,754 shares of Playmaker common stock at closing and are eligible to receive a maximum of 1,447,192 additional shares of Playmaker common stock if certain revenue and performance are exceeded, during the period from July 1, 2022 to December 31, 2023.
TSX VENTURE EXCHANGE DISCLAIMER
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Playmaker (TSX-V: PMKR; OTC: PMKRF) is a digital sports media company that acquires and integrates leading fan-centric media brands curated to deliver highly engaged sports fan audiences to premier advertisers plan, online sports betting operators and athletes. federations and leagues. Leveraging its in-house technology stack, Bench, and with a 360-degree view of sports fans, Playmaker delivers authentic digital content experiences to sports fans and top-notch results to partners across the Americas.
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Elias Blahacek – E: [email protected] | Such. : (+1) 416-254-4345