VANCOUVER, BC, Dec. 30, 2021 /CNW/ - LEAF Mobile Inc. (d/b/a
"East Side Games Group") (TSX: EAGR) (OTC: EAGRF) ("ESGG" or
the "Company") announces the filing of a final base shelf
prospectus (the "Final Shelf Prospectus") with the
securities commissions in each of the provinces of Canada excepting Quebec, with a view to providing the Company
with greater financial flexibility going forward, but has not
entered into any agreements or arrangements to authorize or offer
any Securities (as defined below) at this time. The Final Shelf
Prospectus has been filed further to the preliminary base shelf
prospectus, which was previously announced December 6, 2021.
When made final or effective, the Final Shelf Prospectus will
allow the Company to undertake offerings of its common shares,
warrants, debt securities, subscription receipts and units
(collectively, "Securities"), or any combination thereof, up
to an aggregate total of $200 million
from time to time during the 25 month period that the Final Shelf
Prospectus remains effective. The Securities may be offered
in amounts, at prices and on terms to be determined at the time of
sale and, subject to applicable regulations, may include "at the
market" transactions, public offerings or strategic
investments. The specific terms of any offering of
Securities, including the use of proceeds from any offering, will
be set forth in one or more prospectus supplement(s) to be filled
with applicable securities regulators.
"The filing of the Final Shelf Prospectus gives us enhanced
flexibility and the ability to move quickly as we continue to
assess opportunities while executing on our M&A growth
strategy," said Darcy Taylor, CEO of
ESGG.
A copy of the Final Shelf Prospectus and any supplements that
may be filed in the future, can be found under the Company's SEDAR
profile.
This news release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to registration or
qualifications under the securities laws of any such
jurisdiction.
ABOUT EASTSIDE GAMES GROUP
East Side Games Group (formerly operating under the name "LEAF
Mobile Inc.") is a leading free-to-play mobile game group, creating
engaging games that produce enduring player loyalty. Our studio
groups entrepreneurial culture is anchored in creativity,
execution, and growth through licensing of our proprietary Game Kit
software platform that enables professional game developers to
greatly increase the efficiency and effectiveness of game creation
in addition to organic growth through a diverse portfolio of
original and licensed IP mobile games that include: Archer:
Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s,
It's Always Sunny: The Gang Goes Mobile and Trailer Park Boys
Grea$y Money, RuPaul's Drag Race Superstar and the soon
to be released, The Office: Somehow We Manage.
We are headquartered in Vancouver,
Canada and our games are available worldwide on the App
Store and Google Play. For further information, please visit:
www.eastsidegamesgroup.com and join our online communities at
LinkedIn, Twitter, Facebook, and Instagram.
Additional information about the Company continues to be
available under its legal name, LEAF Mobile Inc., at
www.sedar.com.
Forward-looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management regarding
the proposed transactions described herein. Forward-looking
statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such statements are subject to
risks and uncertainties that may cause actual results, performance
or developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from
them. In particular, the Company cautions that the completion
of financings cannot be predicted with certainty, and there can be
no assurance at this time that the Company will pursue any
financings under the final shelf prospectus. These forward-looking
statements reflect management's current views and are based on
certain expectations, estimates and assumptions which may prove to
be incorrect. A number of risks and uncertainties could cause our
actual results to differ materially from those expressed or implied
by the forward-looking statements, including factors beyond the
Company's control. These forward-looking statements are made as of
the date of this news release.
SOURCE East Side Games Group