Mr. Konrad Wasiela reports
ESE ENTERTAINMENT ANNOUNCES GRANT OF OPTIONS
ESE Entertainment Inc., under its equity incentive plan, has granted 250,000 stock options to Ryan Vaupshas, a director of the company, to purchase up to 250,000 common shares of the company. Each option is exercisable for three years from the date of grant at seven cents per common share. The option grant is subject to the approval of the TSX Venture Exchange.
The option grant constitutes a related party transaction, as defined in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, and the company has relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101, contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, in respect of the options grant.
About ESE Entertainment Inc.
ESE is a global technology company focused on gaming. 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.
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