Gamelancer Media Receives Conditional Approval to List on the Toronto Stock Exchange (TSX)

Listing on a Senior Exchange Unlocks Global & Institutional Investment Opportunities for the Burgeoning Media Company

TORONTO, ON / ACCESSWIRE / June 1, 2023 / Gamelancer Media Corp. (CSE:GMNG)(OTCQB:GAMGF)(FRA:P93) (the "Company" or "Gamelancer"), a leading digital media, entertainment, and production company, is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX). Up-listing from the Canadian Stock Exchange (CSE) to the TSX is an important milestone for the company and will provide the business with greater access to family office and institutional support in the open market.

Foto: Accesswire

"Up-listing to the TSX will enhance liquidity by expanding our reach to a broader range of domestic and international investors. Listing on Canada's most senior exchange makes it easier for institutions and family offices to support Gamelancer, many of whom have self-imposed restrictions on trading securities on a junior exchange," says Max Desmarais, Chief Business Officer Gamelancer Media.

The final approval of the listing is subject to Gamelancer Media Corp. fulfilling certain customary conditions mandated by the TSX. Once these conditions are met, the company will promptly issue a press release, providing details about the anticipated date for the commencement of trading of Gamelancer Media Corp.'s common shares on the TSX. Upon successfully meeting the final listing requirements, the common shares of the company will be delisted from the CSE.

We want to assure our shareholders that no action is required on their part regarding the TSX listing. There will be no changes to the trading symbol or CUSIP for the common shares, and shareholders will not be asked to exchange their share certificates.

"We are excited to list on the TSX, and better equip the company to grow a larger institutional, family office, and retail constituency of shareholders. Trading on the TSX does not require Gamelancer to conduct a share consolidation. Optionality was provided to shareholders to vote for or against allowing the company to conduct a share consolidation, however management and insiders, who collectively hold over 59% of outstanding common shares, intend to vote no to consolidation at the upcoming AGM in June," said Jon Dwyer, Chairman & CEO of Gamelancer Media Corp., "With a client list growing in Canada, the US, Australia, and the UK, Gamelancer trading on a senior exchange allows the company a better vantage point to win market share in the digital ad sector. Television ad budgets are migrating to digital ad budgets on TikTok, Snap, Instagram at an accelerated pace¹. Ad spend on digital channels, much like television, is designed to reach a target demographic, and Gamelancer owns one of the largest digital Gen Z and young Millennial communities on TikTok, Snapchat & Instagram."