Millennial Esports Provides Update on Non-Brokered Private Placement

Millennial Esports (TSXV:GAME) has announced an update on its previously announced non-brokered private placement of equity units of $0.70 for gross proceeds of up to $20 million.
As quoted in the press release:

The Company expects the first tranche of the Private Placement to close within the next week, with a second tranche of the Private Placement to close at the end of January.
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. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

Click here to read the full press release.