Mr. Konrad Wasiela reports

ESE ENTERTAINMENT ANNOUNCES CLOSING OF SHARES FOR DEBT TRANSACTION

ESE Entertainment Inc. has completed its previously announced debt settlement transactions with certain creditors of the company, pursuant to which the company has issued to the creditors an aggregate of 1,925,000 common shares of the company at an issue price of six cents per common share in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $115,500.

All common shares issued pursuant to the debt settlement will be subject to a statutory hold period of four months and one day from the date of issuance.

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.