| Source: ThreeD Capital Inc
TORONTO, March 12, 2021 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it and Sheldon Inwentash (the “Joint Actor”), have acquired ownership and control of an aggregate of 7,500,000 common shares (the “Subject Shares”) and 4,500,000 common share purchase warrants (the “Subject Warrants”) of ePlay Digital Inc. (“ePlay”) through a series of transactions ending on March 12, 2021, including the acquisition of 4,500,000 units, with each unit consisting of one common share and one common share purchase warrant (the “Units”), through participation in a private placement that closed on March 10, 2021 (the “Private Placement”). The Subject Shares represented approximately 9.5% of all issued and outstanding common shares of ePlay as of March 12, 2021 immediately following the transactions described above (or approximately 14.4% on a partially diluted basis, assuming exercise of the Subject Warrants only).
Immediately before the series of transactions described above, ThreeD and the Joint Actor did not hold any securities of ePlay