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Alpha Metaverse Technologies Inc. (CSE: ALPA ) (FSE: 9HN ) (OTC PINK: APETF) (" Alpha " or the " Company "), announces that its engagement for marketing services with Financial Star News Inc. (" FSN ") (address: 701 West Georgia Street, Suite 1500, Vancouver, V7Y 1C6; email: info@thefinancialstar.com ), as previously disclosed in the Company's October 8, 2021 news release, remains ongoing and is now anticipated to conclude on February 4, 2022.

As previously disclosed, FSN has and shall continue to, as appropriate, create campaigns, ad groups, text ads, display ads, perform detailed keyword research, setup and manage remarketing campaigns, optimize keyword options, coordinate online advertiser and marketers corresponding to the customers online marketing targets, create landing pages for ad campaigns and bring attention to the business of the Company in consideration of USD $400,000 (plus applicable taxes) previously paid to FSN. The promotional activity shall occur on theFinancialStar.com, by email, Facebook, and Google. FSN does not have any prior relationship with the Company aside from its previous engagement with the Company.

About Alpha Metaverse Technologies Inc.

Alpha Metaverse Technologies Inc. is a technology company that focuses on emerging industries in Esports, mobile gaming, ecommerce, and other high growth opportunities. Through a strong portfolio of technology assets and products such as GamerzArena, Alpha Metaverse Technologies brings a unique mass-appeal focus to modern gaming platforms. Learn more at: www.alphametaverse.com .

Contact:
Investor Relations: ir@alphametaverse.com - 604 359 1256
Media and Public Relations: media@alphametaverse.com

On Behalf of The Board of Directors
Brian Wilneff
Chief Executive Officer

Forward Looking Statement
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to statements regarding the Company's business, products and future of the Company's business. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved, or disapproved the content of this press release.


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Alpha Metaverse Technologies Announces Signing of Definitive Agreement to Acquire 100% of Shape Immersive Entertainment Inc.

Alpha Metaverse Technologies Announces Signing of Definitive Agreement to Acquire 100% of Shape Immersive Entertainment Inc.

Alpha Metaverse Technologies Inc. ( CSE: ALPA ) ( FSE: 9HN0 ), ( OTC PINK: APETF ) (" Alpha " or the " Company ") is pleased to announce, further to the Company's news release dated January 24, 2022, that it has signed a definitive agreement (the " Agreement ") with Shape Immersive Entertainment Inc. (" Shape ") and all of the shareholders of Shape (the " Shape Shareholders "), to acquire (the " Acquisition ") 100% of the issued and outstanding share capital of Shape.

Upon completion of the Acquisition, Shape will continue to function as a fully operational metaverse creator engaged in the development of non-fungible token (" NFT ") technology, augmented reality experiences, and three dimensional (" 3D ") products to transform user experiences. Shape is a leader in 3D NFTs, holograms, augmented and virtual reality, and play-to-earn game development. Shape has also partnered or worked with many well-known Fortune 1000 and other category leading companies such as RTFKT ® (recently acquired by Nike ® ), Red Bull ® , Intel ® and the Olympics ® .

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Alpha Metaverse Technologies Announces Entry into Play-to-Earn Gaming; Partnership with BetU ICO Corp

Alpha Metaverse Technologies Announces Entry into Play-to-Earn Gaming; Partnership with BetU ICO Corp

Alpha Metaverse Technologies Inc. ( CSE: ALPA ) ( FSE: 9HN0 ) ( OTC PINK: APETF ) (" Alpha " or the " Company "), a technology company that focuses on emerging markets in esports, mobile gaming, ecommerce, blockchain, and high growth opportunities, is proud to announce expansion into the play-to-earn space, with a partnership with BetU ICO Corp ("BETU"), a play-to-earn platform.

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Alpha Metaverse Technologies Announces First Tranche Closing of $2,780,125 Brokered Private Placement

Alpha Metaverse Technologies Announces First Tranche Closing of $2,780,125 Brokered Private Placement

The Company also provides corporate update

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

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Alpha Metaverse Technologies Announces signing of LOI to acquire 100% of Shape Immersive Entertainment Inc and Brokered Private Placement Financing for up to $4.0 Million

Alpha Metaverse Technologies Announces signing of LOI to acquire 100% of Shape Immersive Entertainment Inc and Brokered Private Placement Financing for up to $4.0 Million

Shape is an award-winning Metaverse agency and has a team comprised of experienced AR/VR technologists, 3D artists and software developers

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

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Alpha Esports Tech Announces Planned Name Change

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Alpha Esports Tech Inc. (CSE: ALPA ) (FSE: 9HN ) (OTC PINK: APETF ) (" Alpha " or the " Company "), is pleased to announce that it intends to change its name from "Alpha Esports Tech Inc." to "Alpha Metaverse Technologies Inc.", subject to the approval of the Canadian Securities Exchange (the " CSE "). The Company expects the name change to take effect on or about January 12, 2022, and for its common shares to begin trading on the CSE under the new name on such date. The name change will better reflect the Company's focus on - and recent investments in - the Metaverse and Web 3.0 applications.

The Company recently announced that its augmented reality (" AR ") division, Paradise City Gaming (" Paradise City "), has begun to develop AR experiences using the Niantic's software toolkit, Lightship, which is a platform to allow companies to build AR experiences using segmented semantics, mapping and multiplayer. The Company plans to apply such technology, once developed, to the Company's existing GamerzArcade platform, with a target launch date of spring 2022. The Company believes that integrating AR into the GamerzArcade platform will produce an immersive gaming environment where gamers can enter a virtual world and play their favourite type of classic games such as Snake Challenge ® and Space Aliens Invaders ® , as well as meet friends and challenge other users for blockchain-backed prizes.

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Could esports investing be the next big thing? Many insiders are pointing to esports as the sector to watch — but where is this interest coming from?

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Playground Ventures Inc. (CSE: PLAY) (the "Company") is pleased to announce an update on a new mobile video game in our investee company TinyRex Games Inc. ("TinyRex"). The talented team at TinyRex is pleased to announce that they are on schedule for the global release of their mobile game "Wizard of OZ: Idle Merge".

With Females representing 63% of mobile gamers, the TinyRex team believes there is significant potential in this untapped female audience for idle games. With this in mind, they built their first game centered around Dorothy, from the globally recognized Wizard of Oz books to appeal to this lucrative female audience. They have introduced their own flavour of merge mechanics in the game, requiring players to combine assets to strengthen their game progress. With a modern and humorous twist on a story that was first introduced over a century ago, this unique style of gameplay offers an engaging, entertaining mobile experience.

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Royal Wins Corporation (CSE: SKLL) (OTCQB: RYWCF) ("Royal Wins" or the "Company"), an innovative hyper-casual digital games studio with world's first fully licensed real-money pure-skill gaming platform, announces that game development for Non-Fungible Token ("NFT") and Blockchain segments has been added as one of the main diversification and growth strategies for 2022, alongside continuous improvement of existing gaming platforms, geographic expansion, and penetration into new gaming segments such as mobile tournaments, esports, and games of chance.

The Company has formed a team specifically dedicated to building products outside core product development, which will collaborate with a leading blockchain games developer Labrys (see Press Release dated October 19, 2021) to ramp up strategy and production for the launch of Royal Wins' first blockchain gaming product on HTML5.

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Ms. Fairhurst beneficially owns and controls, directly or indirectly, an aggregate of 28,445,000 Common Share 6,025,000 Warrants and 750,000 Options, representing approximately 45.96% of the Company's issued and outstanding common shares on an undiluted basis and 51.22% of the Company's issued and outstanding common shares on a partially diluted basis.

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So, what does the data say about mobile gaming industry penetration and growth? In 2021, the mobile gaming industry became the top-grossing gaming segment worldwide, reaching 2.65 billion users, with Asia and Europe coming in first and second with 1.29 billion and 551.7 million users respectively. In that same year, the industry generated a staggering US$93.2 billion in revenue, a 7.3 percent year-over-year increase that represented 52 percent of 2021’s global consumer spending in gaming.

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