VANCOUVER, BC , June 21, 2021 /CNW/ - TGS Esports Inc. ("TGS" or the "Company") (TSXV: TGS) (OTCQB: TGSEF) (FRA: 5RH) is pleased to announce its successful uplisting from the OTC Pink Sheets to the OTCQB® Venture Market (the "OTCQB"). TGS commenced trading on the OTCQB at market open on June 15 th , 2021, under the symbol "TGSEF".
"Listing on the OTCQB is another important milestone for TGS. It affords us greater visibility within the investment community and provides valuable capital markets exposure. This is vital as we continue to partner with Fortune 500 brands, schools, and tournament organizers and grow TGS." stated Spiro Khouri , CEO of TGS.
The OTCQB ® Market is the venture tier of OTC Markets on which 11,000 U.S. and global securities trade. Trading on the OTCQB will enhance the visibility and accessibility of the Company to U.S. investors. TGS common shares will continue to trade on the Toronto Venture Exchange under the symbol TGS.
The OTCQB ® Venture Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade TGSEF. The OTCQB ® Venture Market is OTC Markets Group's premier market for early stage, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including with respect to: expectations for other economic, business, and/or competitive factors; Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic on the Company; the potential impact of the announcement or on relationships; including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation; the risks and uncertainties associated with foreign markets; technological risks associated with operating an esports platform; and other risks that are customary to companies operating businesses such as the business of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
SOURCE TGS Esports Inc
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