NEWSVANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 5, 2015) - DraftTeam Daily Fantasy Sports Corp. ("DraftTeam" or the "Corporation") (TSX VENTURE:DTS) and Fantasy Aces, LLC ("Fantasy Aces") are pleased to announce final acceptance by the TSX Venture Exchange ("TSXV") with respect to the previously announced business combination (the "Business Combination") that closed on September 30, 2015. The Corporation is now named Fantasy Aces Daily Fantasy Sports Corp. and is expected to commence trading on the TSXV under its new symbol FAS at market open on October 6, 2015. The Corporation is a Tier 2 Technology Issuer on the TSXV with 80,809,161 common shares outstanding and has reserved for issuance 4,235,004 common shares pursuant to stock options, 40,067,227 common shares pursuant to warrants and 57,539,453 common shares pursuant to convertible limited partnership units. Prior to the completion of the Business Combination, DraftTeam completed a private placement ("Private Placement") for aggregate gross proceeds of $3,828,000, through the issuance of subscription receipts (the "Subscription Receipts"). The Subscription Receipts were deemed converted and holders thereof were issued one common share and one warrant of the Corporation, without payment of additional consideration, for each Subscription Receipt held and the net proceeds of the Private Placement were released from escrow to the Corporation. Fantasy Aces is a leading DFS (Daily Fantasy Sports) site focused on every day skill based fantasy sports games. Fantasy Aces has developed proprietary software which allows users to create fantasy teams from the player rosters of actual sports leagues and then use their teams to compete against other users in various categories such as points scored, yards gained, goals, assists or home runs registered, depending on the specific sport. The FantasyAces.com website currently offers daily and weekly skill based fantasy sports games for six major North American sports, including the NFL, NBA, NHL, MLB, College Football and the PGA. Fantasy Aces also offers a variety of entry fee contest options for its members to play, in addition to free roll tournaments to attract new members to the site. Fantasy Aces charges a management fee from all entry fees collected on the website.