Gamelancer Announces DTC Eligibility
TORONTO, June 28, 2022 /PRNewswire/ – Gamelancer Gaming Corp. (CSE: GMNG) (OTCQB: WDRGF) (FRA: 64Q) (“Gamelancer” or the “Company”), a mobile-focused entertainment company providing brands with access to the global gaming audience through its owned channels and operated, is pleased to announce that its common stock (“Common Stock”) is now eligible for book-entry registration and depository services through The Depository Trust Company (“DTC”) in the United States. As the world’s largest securities depository, DTC handles the electronic clearing and settlement of securities of publicly traded companies in United States. Eligibility for DTC will simplify the process of trading and transferring common stock, improving liquidity in the United States speeding up transfer settlement times and reducing costs for investors.
“With 56% of our audience in United States, DTC eligibility allows US investors to better support the largest gaming network on TikTok. Founded in Los Angeles, Gamelancer ushered in a new era of social media-immersive gaming. The size and breadth of our network underpins the mass migration of social media users to TikTok, the #1 downloaded app and most popular website in United States.” – Jon DwyerChairman and CEO, Gamelancer Gaming Corp.
Acquired by Wondr Gaming, Gamelancer Gaming Corp. is a growing mobile-focused social media network in gaming, generating over 1.2 billion monthly video views across its 27 owned and operated channels. With over 28,200,000 followers on TikTok, Instagram, and Snapchat, primarily located in the United States, Canadathe UK and Australia, Gamelancer sells direct and programmatic media through its network to the world’s leading brands. Using advanced user data analytics, we provide our audience with curated and relevant content for the GenZ & Millennial gaming community, giving brands unparalleled access to the largest gaming media inventory on TikTok, Instagram and Snapchat. . Gamelancer also monetizes across its variety of Snapchat Discover channels with monthly recurring revenue in partnership with Snapchat.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains–forward-looking and forward-looking statements–seek information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical facts may be forwarded–looking for statements or information. In particular, and without limitation, this press release contains information–forward-looking statements and information relating to the Company’s future business, the potential of the Company’s products and services, the future business of the Company’s customers, industry prospects and potential, and other matters. the front–forward-looking statements and information are based on certain key expectations and assumptions made by the management of the Company. Although the Company’s management believes that the expectations and assumptions on which these forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forecasts.–forward-looking statements and information, as no guarantee can be given as to their accuracy.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of the Company’s management regarding the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since before–forward-looking statements and information address future events and conditions, and by their very nature involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the information–forward-looking statements and information contained in this press release. Readers are cautioned that the above list of factors is not exhaustive. The forward-looking statements and information contained in this press release are made as of the date hereof, and no obligation is given to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. Forward-looking statements or information contained in this press release are expressly qualified by this cautionary statement.
SOURCEGamelancer Gaming Corp.