Gaming

X1 Entertainment Group Inc. (CSE:XONE) ("X1" or the "Company"), an e-sports and media portfolio company, is pleased to announce it has granted an aggregate of 250,000 stock options (the "Options") to consultants of the Company to purchase 250,000 common shares (the "Shares") in the capital of the Company pursuant to the Company's share option plan. The Options are exercisable at an exercise price of $0.45 per Share for a period of five (5) years from the date of grant. The Options are subject to vesting periods over the course of the term of the Options.

About X1

X1 Entertainment Ltd. is a gaming and entertainment company that helps connect brands with Gen-Z and millennial audiences all over the world through a diverse portfolio of assets which includes an Esports team, a talent management agency, and other integrated media assets. The Company's assets are in three main verticals: Media & Network, Creator Economy, and Gaming & Esports. X1 is continuing to build upon its existing portfolio of assets through a combination of organic growth and accretive M&A.

Mark Elfenbein

CEO and Director

For enquiries, please call 604-229-9445 or toll free 1-833-923-3334 or email info@X1Ent.com.
www.X1Ent.com

X1Esports The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The securities of the Company referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Source

Click here to connect with X1 Entertainment Group Inc. (CSE:XONE), to receive an Investor Presentation

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X1 Entertainment Group Launches New Rocket League News Portal Creating Global Hub for Rocket League Fan Community

X1 Entertainment Group Launches New Rocket League News Portal Creating Global Hub for Rocket League Fan Community

  • X1 merges owned news properties ShiftRLE and Octane.gg to create ‘the primary sports media network of Rocket League'
  • www.ShiftRLE.gg will target millions of daily Rocket League players and feature extensive play-by-play and game-by-game statistics, player and team pages, events calendar, live video, fantasy sports, and news on roster reports and rumors

X1 Entertainment Group Inc. (CSE: XONE; OTCQX: XOEEF; FSE: ZI0) ("X1" or the "Company"), a video games and media portfolio company, has today announced the launch of www.ShiftRLE.gg an all-new sports news outlet aimed at the global Rocket League fan community.

Merging its two wholly-owned media properties, ShiftRLE and Octane.gg, ShiftRLE.gg is well positioned to be the leading source for Rocket League news offering roster reports and industry rumors, and hosting an extensive database of play-by-play and game-by-game statistics which allow fans to uniquely analyze the game on a deeper level. Player and team pages will enable fans to track their favorite pro's performances throughout the season and new features to be developed such as live videos, live scores and fantasy sports will also allow fans to immerse themselves in the league and engage with the wider game community.

News Provided by GlobeNewswire via QuoteMedia

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X1 Esports and Entertainment Ltd. Announces Official Name Change to X1 Entertainment Group Inc.

X1 Esports and Entertainment Ltd. Announces Official Name Change to X1 Entertainment Group Inc.

X1 Entertainment Group Inc. (CSE: XONE; OTCQX: XOEEF; FSE: ZI0) (" X1 " or the " Company "), a video games and media portfolio company, is pleased to announce that it has completed its name change from "X1 Esports and Entertainment Ltd. to "X1 Entertainment Group Inc."

"The change of name from X1 Esports and Entertainment to X1 Entertainment Group represents the next phase of consolidation and streamlining of our brand and portfolio," said Mark Elfenbein, CEO of the Company. "As we continue to build out our portfolio and expand into the fastest growing areas of gaming, esports, and the creator economy, having clear association and cohesion throughout the X1 brands will become increasingly important and valuable."

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X1 Esports-owned Tyrus LLC Announces Commercial Progress During 2022

X1 Esports-owned Tyrus LLC Announces Commercial Progress During 2022

  • Tyrus-managed YouTube star, Brizzy Voices signs deal with Warner Brothers
  • Tyrus talent, Kate Stark, engaged by Bank of Montreal (BMO)
  • Tyrus talent IAmBrandon signs a year-long brand ambassador contract with Amazon Luna
  • Tyrus-managed influencers contracted with a host of leading global brands including: Best Buy, Logitech and Square Enix.

X1 Esports and Entertainment Ltd. (CSE:XONE; OTCQX: XOEEF; FSE: ZI0) ("X1" or the "Company"), a video games and media portfolio company, is pleased to provide a corporate update on commercial progress with its wholly-owned subsidiary Tyrus LLC, a leading social media influencer management firm empowering gamers, content creators and influencers.

"The power and potential of influencer-led marketing campaigns has led to major global brands increasingly looking to gaming and esports influencers to help build profile for their newest and hottest products with Gen Z audiences," said Amanda Solomon, head of Tyrus LLC. "We have seen very solid month-on-month growth since the start of the year and are already filling a strong pipeline into 2023 and beyond. To see our talent working with a growing number of the world's largest and most notable brands shows the impact and unique influence these creators have with their GenZ audiences, and the strength of this as a key marketing channel going forward."

News Provided by GlobeNewswire via QuoteMedia

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X1 Esports Closes Acquisition of Assets of Rocket League Community, Octane.GG

X1 Esports Closes Acquisition of Assets of Rocket League Community, Octane.GG

Acquisition of Octane is intended to expand X1 ' s global Rocket League video games portfolio and reach to Gen Z audiences

  • The transaction is anticipated to strengthen X1's position in video game media, adding Octane's social media followers and statistical platform at http://Octane.GG
  • Rocket League globally averages over 80M players per month 1
  • The acquisition is X1's third closed post-IPO acquisition after the announcement of the closing of the Tyrus LLC acquisition on August 5 th 2022, and ShiftRLE on August 10 th 2022.
  • It is anticipated that Octane will merge into Shift to create a new destination for Rocket League fans.

X1 Esports and Entertainment (CSE:XONE; OTCQB: XOEEF; FSE: ZI0) ("X1" or the "Company"), a video games and media portfolio company which owns and operates Esports assets and a leading creator economy business is pleased to announce, further to its news release dated September 15 th 2022, it has closed its acquisition of the assets comprising of Octane.GG ("Octane"), an online statistical and news outlet focused on the popular video game, Rocket League.

In connection with the acquisition of the assets comprising the business of Octane, the Company has entered into consulting agreements with two individuals, who as key personnel will be responsible for the continued operation of Octane. As consideration for the acquisition of the assets compromising the business of Octane, the Company is paying a cash purchase price of US$35,000, US$17,500 of which was paid in connection with the closing of the acquisition and US$17,500 of which will be payable within 45 days after the closing date.

" We are enthusiastic to have closed on the Octane acquisition," said Mark Elfenbein, CEO of X1. "As Rocket League continues to grow in global popularity, owning multiple assets within this Esport allows the opportunity to launch an all-encompassing Rocket League destination site containing breaking news, statistics, video highlights, and fantasy sports."

Information Related to Octane

Octane is the leading Rocket League Esports statistics platform providing in-depth match statistics across the top events in the space. Since its inception in 2017, Octane has collected data for hundreds of thousands of games and thousands of players, teams, and events. As the primary source of statistics for Rocket League, Octane has amassed a valuable trove of data on the history and evolution of players and teams from their rookie days to playing on the world stage. Using the platform, fans are able to check-in live during game days to see how their favorite players and teams are performing, while coaches and commentators can use the data to draw better conclusions and create narratives around how players and teams are trending. Octane's robust set of filters and comprehensive data makes it an unmatched resource for the large community of Rocket League esports fans.

The Company anticipates utilization of Octane's Rocket League statistics database in launching future offerings, such as a possible Rocket League fantasy product, as discussed in X1's prior news release dated July 25th, 2022.

Changes to Directors and Officers

The Company also announces that Jan Hoffmann has resigned from the Company's board of directors (the " Board ") and as the Chief Executive Officer of the Company's wholly owned subsidiary, RixGG Europe Ltd., which holds and operates the Company's RixGG e-sports teams. The Company would like to thank Mr. Hoffmann for his contributions to the Company and wishes him well on his future endeavours. Latika Prasad, a current director of the Company, will be appointed Chief Executive Officer and a director of RixGG Europe Ltd. and will oversee operations with Mark Elfenbein, CEO of X1.

Samantha Shorter has been appointed to fill the vacancy on the Board. In connection with her appointment to the Board, Ms. Shorter has resigned as Chief Financial Officer of the Company, and Bobby Dhaliwal has been appointed as the Company's Chief Financial Officer.

Samantha Shorter

Ms. Shorter most recently served as the Chief Financial Officer of X1, and has over a decade of experience in providing reporting, assurance and accounting services to publicly traded companies, including technology companies. She left public practice in 2011, where she acted in the capacity of audit manager with Davidson & Company LLP, a major Canadian accounting firm, and has since taken on a variety of leadership roles. Her governance and accounting knowledge facilitates effective implementation and oversight for financial reporting, administration and internal controls development and budgeting. Ms. Shorter completed a Bachelor of Commerce with Honours at the University of British Columbia. She is a Chartered Professional Accountant (CPA, CA) and Certified Internal Auditor.

Bobby Dhaliwal

Mr. Dhaliwal works as a financial consultant with a number of TSX-V and CSE listed companies in the resources and technology sector, including in the roles of CFO and controller. These companies are Canada-based with various international operations. His professional experience includes assistance on initial public offerings, continuous disclosure and financial reporting, implementation of accounting software, various equity financings and implementation of internal control policies. Mr. Dhaliwal graduated from Langara College, Vancouver, and holds a bachelor of accountancy.

Information Related to Rocket League

Rocket League is one of the world's leading esports 2 . With 5-minute games that feature non-stop action, the car-soccer hybrid game has seen significant growth with players across demographics since its launch, now seeing global averages of 80M players per month, according to Active Player 3 .

About X1

X1 Esports and Entertainment Ltd. is a gaming and entertainment company that helps connect brands with Gen-Z and millennial audiences all over the world through a diverse portfolio of assets which includes an Esports team, a talent management agency, and other integrated media assets. The company's assets are in three main verticals: Media & Network, Creator Economy, and Gaming & Esports. X1 is continuing to build upon its existing portfolio of assets through a combination of organic growth and accretive M&A

For more information, please contact:

Mark Elfenbein

CEO and Director

info@X1Esports.com
www.X1Esports

FORWARD LOOKING STATEMENTS:

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking information in this news release includes the ability of Octane to integrate with ShiftRLE or at all, and expected synergy between ShiftRLE and Octane, including by allowing for the provision of Rocket League fantasy sports options, the continued growth and popularity of Rocket League, the growth of ShiftRLE (as integrated with Octane) and the establishment of ShiftRLE as a multimedia company with longevity in the space, and the achievement of any revenue by ShiftRLE. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations, changing market and industry conditions, the ability of each of X1 and Octane to implement their respective business strategies, including plans to integrate Octane and ShiftRLE, the continued relevance of Octane's media capabilities, competitive conditions, adverse industry events, availability of capital and financing as needed. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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X1 Esports Enters Into Agreement to Acquire Assets of Rocket League Community, Octane.GG

X1 Esports Enters Into Agreement to Acquire Assets of Rocket League Community, Octane.GG

Following completion of the acquisition, X1 intends to merge media assets of Octane with recently acquired media assets of ShiftRLE into a new super destination for 80 million-strong Rocket League players and fan community.

  • The transaction is anticipated to strengthen X1's position in video game media, with Octane's 16,500 social media followers, and Shift's existing 40,000+ followers
  • Octane's unique Rocket League statistics database will allow new Shift/Octane hybrid the ability to launch Rocket League fantasy sports
  • Rocket League globally averages over 80M players per month
  • The acquisition will help deliver on X1's core strategic priorities of building a diverse portfolio of gaming-related assets and providing global brands with unique access to Gen Z audiences

X1 Esports and Entertainment (CSE:XONE; OTCQX: XOEEF; FSE: ZI0) ("X1" or the "Company"), a video games and media portfolio company, is pleased to announce it has entered into an asset purchase agreement (the "APA") to acquire Octane.GG ("Octane"), an online fan statistics platform focused on the popular video game, Rocket League.

News Provided by GlobeNewswire via QuoteMedia

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Swarmio Media Appoints Mr. Elie Jeitani to its Board of Directors

Mr. Jeitani is the Founder and CEO of WestBridge Telecom, One of Swarmio's Strategic Telco Distribution Partners

 Swarmio Media Holdings Inc. (CSE: SWRM) (OTC: SWMIF) (GR: U5U) ("Swarmio" or "the Company"), a technology company focused on the global deployment of its proprietary Ember gaming and esports platform, announces it has appointed Mr. Elie Jeitani to its Board of Directors (the "Board").

News Provided by Canada Newswire via QuoteMedia

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FanDuel TV Inks Deal With ONE Championship to Bring Martial Arts Events to Network and FanDuel+

ONE 164: Pacio vs Brooks will be first live event this Saturday –

– Official partnership kicks off January 20 with weekly content –

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UCOLLEX Partners with FaZe Clan to Bring Digital Art Experience to The Gateway in Miami

The collaboration will be framed around LIMITS powered by UCOLLEX 20-minute Art Battle tournament and FaZe Forever to bring the art, esports, entertainment and Web3 experience together.

UCOLLEX a company backed by Animoca Brands, will partner with FaZe Clan to bring its Japanese competitive art concept to NFT Now and Mana Common's The Gateway in Miami from November 29 - December 3 2022.

News Provided by PR Newswire via QuoteMedia

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Build a school and catch truant students in this new pixel School-sim

- Pathea today announced the release of its new simulation game, Let's School which will be released in 2023, made by a small team led by producer, Lanka.

In this game, the player will return to their alma mater as the new headmaster. Through great efforts and management skills, the player can restore the now worn-out school building to its former glory and beyond, even becoming a school known all around the world for its excellent education and stellar curriculum.

But the process of building the school is bound to be a painstaking one - in addition to realizing your vision, you will also have to contend with a variety of disorderly students - bullies who harass their peers, 'opportunists' who sneak contraband into the school, students who complain about the lack of recreational facilities and drop out, and many more. For the sake of the students and the future of the school, you as the headmaster will have to take decisive measures to rectify these malpractices.

For example, you can pick up a student who has dozed off in class and punish them with a standing order. For the smugglers, you can start checking for and confiscating prohibited items at the school gate. As for students who blatantly skip school, you may have no choice but to send teachers outside the school to track them down. It's not easy managing teenagers!

Of course, for those headmasters who long for some reminder of their own youth, you'll find it in Let's School: the game offers many customization options. Design your uniforms based on your own experiences, or perhaps your favorite high school anime. Decorate and color the rooms to your heart's desire.

The school may be deserted when you first join, but you can change that by designing the uniforms, repairing the classrooms, recruiting teachers, establishing clubs and more until soon enough, your school is teeming with life. As your school grows, you will then start to experience a rich and beautiful story of youth, slowly watching the adolescent lives of your students unfold.

The developers of Pathea are taking a step outside of the My Time series with the release of My Time at Portia on Steam in 2018, which has gone on to sell over 2.7 million copies and receive a 92% positive feedback rate in the years since.

After nine months of independent development, the producer's demo of Let's School attracted a lot of praise and encouragement from its audience. Support and suggestions from the players have also helped to bring Let's School from idea to reality, and the addition of more team members has helped to enrich the content of Let's School greatly as well.

The project is currently in steady development by a small team and is scheduled to be released on Steam in 2023.

Official Twitter: https://twitter.com/LetsSchool2

Discord: https://discord.com/invite/dZAQjFp

IG: https://www.instagram.com/letsschool9/

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/build-a-school-and-catch-truant-students-in-this-new-pixel-school-sim-301691224.html

SOURCE Pathea

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NetDragon's Promethean Acquires Explain Everything to Drive Transformational Collaboration and Learning Experiences

- NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that its subsidiary, Promethean, a leading global education technology company, has acquired substantially all of the assets of Explain Everything, a leading digital whiteboard platform for creating engaging lessons, activities, and interactive presentations. Through the strategic acquisition, Promethean is expected to add to its product portfolio a revenue-generating application tool that addresses one of the most common use cases of its customers. This acquisition will also  support the development of new and better solutions that would address teaching, learning, and collaboration needs, and ultimately enable the scaling of future software subscription revenue stream.

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Wemade announced a strategic investment in DRX, a esports company

  • DRX IP to onboard WEMIX and expand its ecosystem
  • Both parties to cooperate for the advancement of eSports culture

Wemade announced a strategic investment in DRX. The companies will join forces in leading eSports fan culture and integrate it with the WEMIX platform for ecosystem expansion.

(PRNewsfoto/Wemade Co., Ltd)

Founded in 2012, DRX is a Korean eSports company whose eSports teams include games such as League of Legend, Warcraft 3, Tekken 7 and more.

DRX's League of Legend team recently won the 2022 LoL World Championship, and Valorant team recorded 103 wins and 4 draws during a year and a half since its debut. With 22 championships under its belt, the team is considered to be the strongest in Asia .

Wemade plans to reach out to 3.7M DRX fans worldwide by onboarding DRX's excellent IP.

"eSports is a perfect fit for blockchain, since it has been evolving futuristically through repeated technical innovations," said Henry Chang , CEO of Wemade. "Through NILE, the DAO & NFT platform of WEMIX, we will complete a digital economy that connects gaming, entertainment, sports, art, and finance."

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/wemade-announced-a-strategic-investment-in-drx-a-esports-company-301692240.html

SOURCE Wemade Co., Ltd

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