It is with great sadness that GameSquare Esports Inc. (CSE: GSQ; FRA: 29Q1) (" GameSquare ", " GameSquare Esports " or the " Company ") announces the death of board member Maurice "Moe" Colson who passed away on March 26, 2021.
"Moe was an extraordinary advisor, a deeply thoughtful businessman and an incredibly supportive advocate," said Justin Kenna, CEO of GameSquare. "It was a great privilege to work alongside Moe, and I speak for the executive team and board of directors when I say that his wisdom, experience, and integrity will be deeply missed."
"I was saddened to learn that our friend and colleague Moe Colson had passed away," added Neil Said, GameSquare's Chairman of the Board. "I worked with Moe for many years, he was such a great person and a friend. His contribution to business and to his community at large will be greatly missed."
Mr. Colson served as an independent director at GameSquare Esports since October 2020, having joined from Magnolia Columbia where he served as a director from March 2011. In addition to his duties as a board member, Mr. Colson was a member of the audit committee. With more than three decades of experience in domestic and international capital markets, Moe provided tremendous insight and knowledge across a wide range of business issues.
About GameSquare Esports Inc.
GameSquare Esports Inc. is an international gaming and esports company headquartered in Toronto, Canada. The Company is seeking to acquire additional assets and entities serving the gaming and esports markets and, more broadly, in sports and entertainment. The acquisition of Code Red Esports Ltd. (" Code Red "), an esports talent agency, provided an initial foothold in Europe through its UK operations. Code Red represents leading on-screen talent, players and influencers and works with leading global brands to develop influencer campaigns and esports marketing strategies. GameSquare's second acquisition of Reciprocity Corp. provides access to Asia, Latin America and North America. Its gaming and esports assets include: a CrossFire franchise in China that it owns with its partner LGD Gaming, a 40% interest in a League of Legends team that competes in Latin America, and, its wholly owned subsidiary corporation, GCN, a digital media company focusing on the gaming and esports audience based in Los Angeles, USA.
For further information, please contact Kevin Wright, President of GameSquare Esports Inc.:
Phone: (416) 861-2267
This news release contains "forward-looking information" and "forward-looking statements" (collectively, " forward-looking statements ") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company's ability to acquire additional assets in the gaming, esports, sports and entertainment markets. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
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