VANCOUVER, BC, Nov. 16, 2020 /CNW/ - Put on your driving
gloves, top off the tank, and get ready to experience the utter joy
of Rocket League. TGS Esports Inc. ("TGS" or the
"Company") (TSXV: TGS) has teamed up with Crimson
Wings to host the 3rd season of the Women's Car Ball Championship,
the world's premier Rocket League tournament explicitly held for
women.
"The WCBC is an amazing showcase of women's esports talent, and
we're helping to make it bigger and more exciting than ever," said
Spiro Khouri, founder and CEO of TGS
Esports. "This is going to be an exciting partnership - tons of
action, tons of fun, and some of the best casters and hosts
around."
On November 12, the WCBC
officially announced Season 3 which will kick off December 12. This season features a partnership
with Rocket League developer Psyonix who is already showing support
by sharing the news of Season 3 among their network.
The 2020 WCBC features divisions in Europe and North
America, pitting teams of three in a round-robin style
tournament starting in December. The total prize pool for this
season is $10,000. Jeff "Hunted" Lowe
will host the event. Casters include Deep "RJsaurus" Nadar,
Andrew "Squidd" Riffe, Layla
"TamashiiKanjou" Abbott, and more.
"In its first year of existence, WCBC has given women a solid
footing in the world of competitive rocket league, and some
tier-one esports organizations use it to scout talent and plan for
their future," said Chase "Kilk"
Mitchell, founder and CEO of Crimson Wings Entertainment.
"This season, we're better and stronger than ever, and we're so
excited."
As part of the kick off for the upcoming 3rd season
TGS and Crimson Wings will be holding two open tournaments for any
female Rocket League teams. November
28th will be open to any teams in Europe while December
5th will be for North American based teams. Both
open events will have a cash prize. More info is available at
www.thegamingstadium.com.
"Women are a large and often overlooked segment of the esports
community," Khouri said. "Hosting the WCBC allows us to continue to
support these players and to introduce our brand to new
competitors."
For more information, please visit
www.thegamingstadium.com or discord.gg/tgs.
Corporate Update
Further to its news release of
November 2, 2020, the Company has
agreed to pay a finder's fee to Jameel
Bharmal in connection with the proposed acquisition of
Pepper Esports Inc. by the Company (the "Acquisition"),
subject to the approval of the TSXV. The finder's fee is
payable by the issuance of 3,870,968 warrants to purchase common
shares of TGS at a price of $0.155
for a period of two years following closing of the Acquisition.
About TGS Esports Inc.
TGS Esports Inc. is an
organization focused on creating the ultimate esports experience.
TGS is made up of industry professionals with 20+ combined years in
the space of tournament organization, league facilitation, and
production. This experience combined with the proposed acquisition
of Pepper Esports Inc.
(https://www.newswire.ca/news-releases/tgs-esports-announces-signing-of-definitive-agreement-to-acquire-leading-competitive-esports-platform-pepper-esports-804515174.html)
allows TGS to offer a full suite of tools needed for any player or
tournament organizer in esports. TGS is also the owner of
Canada's first dedicated esports
arena, The Gaming Stadium, located in Richmond, British Columbia, which opened in
June 2019.
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.
On behalf of the Board of Directors
"Spiro Khouri"
Spiro Khouri, CEO
TGS Esports Inc.
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: the hosting of the Women's Car Ball Championship
tournament; the timing, format and prizes for the tournament; and
the proposed acquisition of Pepper Esports Inc. and the finder's
fee payable in connection therewith. 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 the following: the unknown
magnitude and duration of the effects of the COVID-19 pandemic and
other risks that are customary to transactions of this nature. 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.
This press release is not an offer of the securities for sale
in the United States. The
securities have not been registered under the U.S. Securities Act
of 1933, as amended, and may not be offered or sold in the United States absent registration or an
exemption from registration. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of the securities in any state in which
such offer, solicitation or sale would be unlawful.
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SOURCE TGS Esports Inc
