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Victory Square Technologies $ $VSQTF CEO Issues Future Forecast Letter to Shareholders $ $ $ $

Posted by AGORACOM at 5:51 PM on Friday, March 19th, 2021
Victory Square Technologies VST

VANCOUVER, British Columbia, March 19, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that provides investors access to a diverse portfolio of next generation internet companies in key sectors including: digital health, gaming, blockchain, AR/VR, cybersecurity, and cloud computing, is pleased to issue a letter to shareholders from CEO, Shafin Diamond Tejani.

The Company recently released a Quarterly Corporate Update , which included the following highlights:

  • Victory Square plans to invest up to $5,000,000 to start commercializing ventures working on the following: EV Solutions, Renewable Energy, Plant-Based Comfort Foods, Digital Assets Management, NFT for Music, Telehealth service for PETS, and Fractional Trading
  • Completed Acquisition of IV Hydreight, An On-Demand & On-Site Mobile Health, Pharmaceutical & Wellness Service Provider Across the USA
  • GameOn completed an oversubscribed $5,800,000 pre-listing finance round
  • Victory Square Technologies Announced GameOn Share Dividend Initiative for VST Shareholders
  • FansUnite Entertainment completed an oversubscribed $13,000,000 financing
  • Immersive Tech announced the Creation of the World’s First COVID-safe Location-Based Entertainment Virtual Reality Division “UNCONTAINED”
  • Completed $6,000,000 Sale of VPN Platform, Victory Square received 4,411,765 common shares of Cloud Nine (CSE: CNI) at a deemed issue price of $1.36 per common share. The current share price of Cloud Nine (at market open on March 19th) is $2.09 per common share, valuing Victory Square’s 4,411,765 common shares at $9,220,588
  • The Company exercised 350,000 warrants in Argo Blockchain PLC for a $1,488,000 gain (as at March 15th, 2021)
  • Victory Square reported record net income for the nine-month period ending September 30, 2020, of $13,617,124 and earnings per share of $0.18. The Company maintained this pace in Q4 2020, closing out the year strong.
  • Victory Square’s 2020 Year End Financials will be released on or before April 30th, 2021, and its 2021 Q1 Financials will be released on or before May 31st, 2021.

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