$VSTQF « AGORACOM Small-cap Investor Relations Blog

Posts Tagged ‘$VSTQF’

Victory Square Technologies $VST.ca $VSQTF Completes $6m Sale Of VPN Platform To Cloud Nine Web3 Technologies $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM at 9:56 AM on Tuesday, March 16th, 2021

Victory Square received 4,411,765 common shares of Cloud Nine Web3 Technologies Inc. (CSE: CNI) at a deemed issue price of $1.36 per common share for a purchase price of $6,000,000
The share price of Cloud Nine (CSE: CNI) closed on March 15, 2021 at $1.79 per common share, valuing Victory Square’s 4,411,765 common shares at $7,897,059.35
Victory Square will have the right to dividend up to 15% of the total number of the Consideration Shares issuable hereunder to its shareholders
Company exercised 350,000 warrants in Argo Blockchain PLC (LON: ARB) for an approximate $1,488,000 gain (as at March 15th, 2021)

VANCOUVER, British Columbia, March 16, 2021 — Victory Square Technologies Inc. (“Victory Square” or the “Company“) (CSE:VST) (OTC:VSQTF) (FWB:6F6) — is pleased to announce that it has signed and closed an asset purchase agreement dated March 15, 2021 to sell certain intellectual property assets related to a development stage VPN platform (the “Acquisition”) to Cloud Nine Web3 Technologies Inc. (“Cloud Nine” )(CSE: CNI).

“We’ve spent the last 6 years connecting with and investing in some of the brightest and disruptive minds in the Technology space; quietly building up a stockpile of applications and IP while waiting for an inflection point to start unleashing these applications to market,” said Victory Square CEO Shafin Diamond Tejani.

“This 6 million sale of IP and the $1.5 million gain on Argo points to the extensive depth of the Victory Square portfolio and our ability to monetize and provide value to our shareholders.”

In consideration for the Acquisition, Victory Square received 4,411,765 common shares of Cloud Nine at a deemed issue price of $1.36 per common share for a sale price of $6,000,000.

Tags: $VST, $VST.ca, $VSTQF, Argo Blockchain PLC, Boris Gartner, Cloud Nine Web3 Technologies Inc., GameOn, GameOn Entertainment Technologies, gamification, Shauna Griffiths, Tim Cahill
Posted in Victory Square Technologies Inc. | Comments Off on Victory Square Technologies $VST.ca $VSQTF Completes $6m Sale Of VPN Platform To Cloud Nine Web3 Technologies $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Victory Square Technologies $VST.ca $VSQTF Inc. Announces Closing of GameOn’s Oversubscribed Financing for Gross Proceeds of $5.8 Million $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM at 5:59 PM on Thursday, March 11th, 2021

$VST closed its oversubscribed non-brokered private placement financing
16.5m subscription receipts at a price of $0.35 = $5.8m approx

VANCOUVER, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE: VST, OTC: VSQTF, FWB: 6F6) (the ” Company ” or ” VST “) is pleased to announce that its portfolio company GameOn Entertainment Technologies Inc. (” GameOn “) has closed its previously announced and oversubscribed non-brokered private placement financing (the ” Financing “) of 16,505,536 subscription receipts (the ” Subscription Receipts “) at a price of $0.35 per Subscription Receipt, for gross proceeds of approximately $5.8 million.

The proceeds of the Financing (the ” Escrowed Funds “) have been deposited in escrow pursuant to the terms of a subscription receipt agreement (the ” Subscription Receipt Agreement “) dated March 11, 2021 between GameOn and Odyssey Trust Company as subscription receipt agent.

The Escrowed Funds will be held in escrow pending satisfaction of all of the escrow release conditions pursuant to the terms of the Subscription Receipt Agreement including, but not limited to, the Company receiving all applicable regulatory approvals and completing the listing of its common shares (” GameOn Shares “) on the Canadian Securities Exchange (the ” CSE “) as well as receipt of a final prospectus of GameOn (the ” Escrow Conditions “).

Tags: $VST, $VST.ca, $VSTQF, Boris Gartner, GameOn, GameOn Entertainment Technologies, gamification, Shauna Griffiths, Tim Cahill
Posted in Victory Square Technologies Inc. | Comments Off on Victory Square Technologies $VST.ca $VSQTF Inc. Announces Closing of GameOn’s Oversubscribed Financing for Gross Proceeds of $5.8 Million $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

VIDEO – Victory Square Technologies $VST.ca $VSQTF Portfolio of Companies are Targeting the Future of Borderless, Disruptive Tech, from #Blockchain, #AI and #Robotics, to DNA Sequencing and Energy Storage $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM-JC at 4:14 PM on Wednesday, March 3rd, 2021

Victory Square Technologies (VST:CSE VSQTF:OTC 6F6:FWB) is firing on all cylinders!

The pioneering company, focused on the cutting-edge tech that’s shaping the Fourth Industrial Revolution, has had an explosion of developments for its portfolio companies since sitting down to speak with us last week, including:

A GameOn Share Dividend Initiative for VST Shareholders
An upsizing of its $1.5m GameOn Private Placement to $3m
The purchase of Crypto Assets via a deal with Aspen
An update on the opportunity and expansion plans for Hydreight
And the appointment of a host of advisors, including Mike Vorhaus, Sean Hurley, Sabrina Carrozza, Shauna Griffiths and Tim Cahill

As VST CEO Shafin Diamond Tejani discussed in his previous video, the company focuses on building, acquiring and investing in promising start-ups, before providing them with the senior leadership and resources needed for fast-track growth.

The core of $VST.ca’s offering centres on five pillars of potential future growth:

DNA Sequencing
Energy Storage
Blockchain
Artificial Intelligence
Robotics

“Technology is borderless,” says Tejani, as he breaks down the most recent key developments in this must-watch interview with Agoracom:

Tags: $VST, $VST.ca, $VSTQF, Boris Gartner, GameOn, GameOn Entertainment Technologies, gamification, Shauna Griffiths, Tim Cahill
Posted in AGORACOM Via Satellite, Victory Square Technologies Inc. | Comments Off on VIDEO – Victory Square Technologies $VST.ca $VSQTF Portfolio of Companies are Targeting the Future of Borderless, Disruptive Tech, from #Blockchain, #AI and #Robotics, to DNA Sequencing and Energy Storage $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Victory Square Technologies $VST.ca $VSQTF Announces GameOn Share Dividend Initiative for VST Shareholders $NTAR.ca $SEV.ca $DBO.ca $YDX.ca

Posted by AGORACOM at 11:40 AM on Thursday, February 25th, 2021

As part of the Company’s long-term strategy to maximize shareholder value, the Victory Square Technologies board of directors has approved a strategic initiative to unlock the intrinsic value of its portfolio company, GameOn Entertainment Technologies Inc. by proposing a dividend distribution of a portion of the common shares of GameOn held by the Company at the time of listing of the Shares to the shareholders of the Company.

VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF)(FWB:6F6) is pleased to announce that, as part of the Company’s long-term strategy to maximize shareholder value, the board of directors of the Company has approved a strategic dividend reward initiative to unlock the intrinsic value of its portfolio company, GameOn Entertainment Technologies Inc. (“ GameOn ”) by proposing a distribution of a portion of the common shares of GameOn currently held by the Company to shareholders of the Company. Victory Square will evaluate, consider and assess the mechanism by which to effect such distribution on a tax efficient and financially prudent basis, with the aim of ultimately capitalizing GameOn as a stand-alone publicly listed entity, following its public listing.

Shafin Diamond Tejani, Chief Executive Officer of Victory Square, commented: “The objective of the share dividend initiative is to reward the Company’s shareholders with equity in GameOn as it progresses towards listing as a standalone publicly traded company. This will also enable the capital markets to appropriately value one of our portfolio investments.”

“This is the first of what we hope to be many share dividend initiatives that we wish to provide VST shareholders as we grow and realize appreciating assets,” said Tejani.

Founded in 2018, GameOn Entertainment Technologies empowers sports and entertainment content providers with the world’s simplest and most accessible gamification platform.

Tags: $VST, $VST.ca, $VSTQF, GameOn, GameOn Entertainment Technologies, gamification, Victory Square Technologies Inc
Posted in Victory Square Technologies Inc. | Comments Off on Victory Square Technologies $VST.ca $VSQTF Announces GameOn Share Dividend Initiative for VST Shareholders $NTAR.ca $SEV.ca $DBO.ca $YDX.ca

Former Soccer Star Tim Cahill Joins Victory Square Technologies $VST.ca $VSQTF Portfolio Company GameOn Entertainment Technologies as Strategic Advisor $NTAR.ca $SEV.ca $DBO.ca $YDX.ca

Posted by AGORACOM at 8:40 AM on Tuesday, February 23rd, 2021

Sports industry veterans Boris Gartner (CEO of LaLiga North America) and Shauna Griffiths (CEO of SLG Impact) also join as the company continues to empower sports and entertainment content providers with the world’s simplest and most accessible gamification platform

VANCOUVER, British Columbia, Feb. 23, 2021 — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) portfolio company, GameOn Entertainment Technologies. (“GameOn” or” or the “Company“), the leader in providing consumers, broadcasters, sportsbooks, leagues and teams with interactive, social experiences around sports, TV and live events, is pleased to announce Tim Cahill, Boris Gartner and Shauna Griffiths as Advisors.

Cahill, Gartner and Griffiths join Vahid Shababi (Victory Square Technologies), Mike Vorhaus (Vorhaus Advisors), sports betting consultant Sean Hurley, and Sabrina Carrozza (Sabrina LCP Communications) as Advisors.

Cahill, the all-time leading scorer for the Australian men’s national soccer team, starred as striker and midfielder for Millwall, Everton, New York Red Bulls and clubs around the world during his playing career from 1998-2019.

Off the field, Cahill has studied at Harvard Business School, published a series of children’s books based on his own journey called Tiny Timmy, hosted a podcast and YouTube series with Wave.tv called Tim Talks, and is an official ambassador for the Supreme Committee for Delivery and Legacy for the 2022 FIFA World Cup.

Tags: $VST, $VST.ca, $VSTQF, Boris Gartner, GameOn, GameOn Entertainment Technologies, gamification, Shauna Griffiths, Tim Cahill, Victory Square Technologies Inc
Posted in Victory Square Technologies Inc. | Comments Off on Former Soccer Star Tim Cahill Joins Victory Square Technologies $VST.ca $VSQTF Portfolio Company GameOn Entertainment Technologies as Strategic Advisor $NTAR.ca $SEV.ca $DBO.ca $YDX.ca

Victory Square Technologies Inc. $VST.ca $VSQTF Portfolio Company GameOn Entertainment Technologies Inc. Announces Upsizing of Its Previously Announced Private Placement for Up to an Aggregate of $3 Million Due to Strong Investor Demand $DBO.ca $NTAR.ca $SEV.ca $YDX.ca

Posted by AGORACOM at 8:32 AM on Tuesday, February 23rd, 2021

VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“ Victory Square ”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that further to its news release dated February 22, 2021, its portfolio company GameOn Entertainment Technologies Inc. (“ GameOn ”) has increased the size of its previously announced non-brokered private placement (the “ SR Offering ”) of subscription receipts of GameOn (“ Subscription Receipts ”) from $1.5 million to $3 million due to strong investor demand.

Each Subscription Receipt will be sold at a price of $0.35 and be governed by a subscription receipt agreement to be entered between GameOn and an escrow agent to be appointed by GameOn on or prior to the closing date of the SR Offering (the “ SR Agreement ”).

In accordance with the SR Agreement, each Subscription Receipt shall be automatically converted without any further action on the part of the holder thereof into one unit of GameOn (each, a “ SR Unit ”) upon the satisfaction of certain escrow release conditions (the “ Escrow Release Conditions ”) including the receipt of conditional approval by GameOn with respect to the listing of the common shares of GameOn (“ GameOn Shares ”) on the Canadian Securities Exchange (the “ CSE ”) and the receipt of a final prospectus in the Province of British Columbia in connection with the final prospectus of GameOn.

If the Escrow Release Conditions are not satisfied by May 31, 2021, the proceeds of the SR Offering will be returned to the subscribers.

Each SR Unit will consist of one GameOn Share and one-half of one GameOn Share purchase warrant (each whole warrant, an “ SR Warrant ”). Each SR Warrant will entitle the holder thereof to purchase one additional GameOn Share at a price of CAD$0.52 for a period of 24 months following the completion of a going-public transaction by GameOn.

Tags: $VST, $VSTQF, GameOn, GameOn Entertainment Technologies, Victory Square Technologies Inc, VST
Posted in Victory Square Technologies Inc. | Comments Off on Victory Square Technologies Inc. $VST.ca $VSQTF Portfolio Company GameOn Entertainment Technologies Inc. Announces Upsizing of Its Previously Announced Private Placement for Up to an Aggregate of $3 Million Due to Strong Investor Demand $DBO.ca $NTAR.ca $SEV.ca $YDX.ca

Victory Square Technologies Inc. $VST.ca $VSQTF Portfolio Company GameOn Entertainment Technologies Inc. Announces C$1.5 Million Non-Brokered Private Placement $DBO.ca $NTAR.ca $SEV.ca $YDX.ca

Posted by AGORACOM at 10:37 AM on Monday, February 22nd, 2021

GameOn is planning to list in Q1 2021.
It recently strategically beefed up its Board and Advisory Council, bringing on noted sports, entertainment, gaming and wagering execs
GameOn will be the next Victory Square portfolio company going public, following FansUnite Entertainment Inc.

VANCOUVER, British Columbia, Feb. 22, 2021 — Victory Square Technologies Inc. (“ Victory Square ”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company GameOn Entertainment Technologies Inc. (“ GameOn ”) has launched a non-brokered private placement of up to 4,285,715 subscription receipts of GameOn (each a “ Subscription Receipt ”) for aggregate gross proceeds of up to CAD$1,500,000 at a price of CAD$0.35 per Subscription Receipt (the “ SR Offering ”).

The Subscription Receipts will be issued pursuant to and governed by a subscription receipt agreement to be entered between GameOn and an escrow agent to be appointed by GameOn on or prior to the closing date of the SR Offering (the “ SR Agreement ”).

Tags: $VST, $VSTQF, FansUnite, FansUnite Entertainment, GameOn, GameOn Entertainment Technologies, Victory Square Technologies Inc
Posted in Victory Square Technologies Inc. | Comments Off on Victory Square Technologies Inc. $VST.ca $VSQTF Portfolio Company GameOn Entertainment Technologies Inc. Announces C$1.5 Million Non-Brokered Private Placement $DBO.ca $NTAR.ca $SEV.ca $YDX.ca

Posts Tagged ‘$VSTQF’

Sports industry veterans Boris Gartner (CEO of LaLiga North America) and Shauna Griffiths (CEO of SLG Impact) also join as the company continues to empower sports and entertainment content providers with the world’s simplest and most accessible gamification platform

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