VANCOUVER, BC, June 21, 2021 /CNW/ - TGS Esports Inc. ("TGS" or
the "Company") (TSXV: TGS) (OTCQB: TGSEF) (FRA: 5RH) is pleased to
announce its successful uplisting from the OTC Pink Sheets to the
OTCQB® Venture Market (the "OTCQB"). TGS commenced trading on the
OTCQB at market open on June
15th, 2021, under the symbol "TGSEF".
"Listing on the OTCQB is another important milestone for TGS. It
affords us greater visibility within the investment community and
provides valuable capital markets exposure. This is vital as we
continue to partner with Fortune 500 brands, schools, and
tournament organizers and grow TGS." stated Spiro Khouri, CEO of TGS.
The OTCQB® Market is the venture tier of OTC Markets
on which 11,000 U.S. and global securities trade. Trading on the
OTCQB will enhance the visibility and accessibility of the Company
to U.S. investors. TGS common shares will continue to trade on the
Toronto Venture Exchange under the symbol TGS.
The OTCQB® Venture Market provides value and
convenience to U.S. investors, brokers and institutions seeking to
trade TGSEF. The OTCQB® Venture Market is OTC Markets
Group's premier market for early stage, investor-focused U.S. and
international companies. To be eligible, companies must meet high
financial standards, follow best practice corporate governance,
demonstrate compliance with U.S. securities laws, be current in
their disclosure, and have a professional third-party sponsor
introduction.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management regarding
the Company. Forward-looking statements consist of statements that
are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future,
including with respect to: expectations for other economic,
business, and/or competitive factors; 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, including risks related to factors
beyond the control of the Company. The risks include, but are not
limited to, the following: the unknown magnitude and duration of
the effects of the COVID-19 pandemic on the Company; the potential
impact of the announcement or on relationships; including with
regulatory bodies, employees, suppliers, customers and competitors;
changes in general economic, business and political conditions,
including changes in the financial markets; changes in applicable
laws and regulations both locally and in foreign jurisdictions;
compliance with extensive government regulation; the risks and
uncertainties associated with foreign markets; technological risks
associated with operating an esports platform; and other risks that
are customary to companies operating businesses such as the
business of the Company. 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.
SOURCE TGS Esports Inc