00:25:54 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



ESE Entertainment Inc
Symbol ESE
Shares Issued 70,881,360
Close 2022-04-01 C$ 0.95
Market Cap C$ 67,337,292
Recent Sedar Documents

ESE hires Hyperdrive for marketing services

2022-04-04 00:31 ET - News Release

Mr. Daniel Mogil reports

ESE ANNOUNCES MARKETING SERVICES AGREEMENT

ESE Entertainment Inc. has entered into an agreement with Hyperdrive Marketing dated April 1, 2022, for the provision of various digital media and corporate communications services. The initial term of the agreement is for six months and may be renewed for an additional six-month term. Pursuant to the terms of the agreement, $60,000 is payable to Hyperdrive upon the execution of the agreement. The company has also agreed to issue to Hyperdrive 500,000 stock options, exercisable at a price of 95 cents per share, with the options vesting over a period of 12 months following the date of grant, with 25 per cent of the options vesting on the date that is three months following the date of grant and an additional 25 per cent of the options vesting every three months thereafter until 100 per cent of the options have vested. The company and Hyperdrive act at arm's length, and, other than the options disclosed herein, Hyperdrive has no interest, direct or indirect, in the company or its securities or any right to acquire such an interest. Hyperdrive is a bespoke public market digital strategy solution provider.

The company's arrangement with Hyperdrive is subject to final TSX Venture Exchange approval.

About ESE Entertainment Inc.

ESE is a Europe-based entertainment and technology company focused on gaming and e-sports. The company provides a range of services to leading video game developers, publishers and brands by providing technology, infrastructure and fan engagement services internationally. ESE also operates its own e-commerce channels, e-sports teams and gaming leagues. In addition to the company's organic growth opportunities, the company is considering selective acquisitions that align with its objective of becoming a dominant global player in e-sports technology and infrastructure.

We seek Safe Harbor.

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