VANCOUVER, May 27, 2019 /CNW/ - Global Daily Fantasy
Sports Inc. (TSX-V: DFS / Frankfurt: 7CR) ("Global"
or the "Company"), is pleased to announce
the appointment of Monroe Schmidt as
its key person and director of its Malta Subsidiaries, GDFSI Malta
Limited and GDFSI Malta Holding Limited.
Mr. Schmidt will be replacing Mr. Karl
Grech, who has resigned as the key person and director of
both subsidiaries. The Board thanks Mr. Grech for his contributions
during his tenure with the Company's subsidiaries and we wish him
the best in his future endeavours
The Company would also like to provide an update to its current
private placement announced on March 12,
2019 and subsequent closing of the first tranche on
April 5, 2019, that it has been
granted an extension to June 25, 2019
to file final materials.
ON BEHALF OF THE BOARD OF DIRECTORS.
Darcy Krogh; President and CEO
About Global Daily Fantasy Sports Inc.
Global Daily Fantasy Sports Inc. (TSX-V: DFS Frankfurt: 7CR) is
providing a multi-tenant gateway that allows operators to offer
their customers a world class Daily Fantasy Sports software
solution. The platform allows for seamless integration at the
operator level without having to share or compromise any sensitive
customer data. Joining the Company's network allows operators to
capitalize on a mature infrastructure, with shared liquidity that
was built specifically for regulated market environments.
As a true B2B global network, the Company offers a SaaS product
that is an ideal turn-key solution for sportsbook operators,
land-based operators, media groups, and big database companies to
participate in the daily fantasy sports industry.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Global Daily Fantasy Sports Inc.
