Playmaker Capital Inc. Announces Closing of Multi-Year Credit Facilities With a Canadian Tier 1 Bank

playmaker-capital-inc.-announces-closing-of-multi-year-credit-facilities-with-a-canadian-tier-1-bank

TORONTO–()–Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media and technology brands, announced that further to its press release issued on March 23, 2022, Playmaker has entered into a binding commitment letter (the “Commitment Letter”) with a Canadian Tier 1 Bank (the “Bank”) regarding multi-year credit facilities (the “Credit Facilities”). Pursuant to the Commitment Letter, the Bank has agreed to provide Playmaker with three credit facilities, totalling US$15,000,000 to use for acquisitions and general corporate purposes. For further details of the Credit Facilities, please see Playmaker’s press release issued on March 23, 2022.

TSX VENTURE EXCHANGE DISCLAIMER

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Playmaker’s current expectations regarding future events. The words “will”, “expects”, “anticipates”, “believes”, “plans”, “intends” and similar expressions are often intended to identify forward-looking information, although not all forward-looking information contains these identifying words. This forward-looking information is based on our opinions, estimates and assumptions that, while considered by Playmaker to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, risks related to changes in general economic, business and political conditions, Playmaker’s continued ability to successfully execute its business objectives, the completion of the transactions contemplated in this press release in the manner anticipated and those factors discussed in greater detail under the “Risk Factors” section in Playmaker’s annual information form for the year ended December 31, 2021, which is available under our profile on SEDAR at www.sedar.com, and should be considered carefully by prospective investors. Playmaker undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

ABOUT PLAYMAKER

Playmaker Capital Inc. (TSX-V: PMKR) is a digital sports media company that lives at the intersection of sports, gambling, media and technology. Playmaker is building a premier collection of sports media brands, curated to deliver highly engaged audiences of sports fans to sports betting companies, leagues, teams and advertisers.

For more information, visit: http://www.playmaker.fans or contact Playmaker Chief Executive Officer Jordan Gnat via email jgnat@playmaker.fans. | T: (416) 815-4993.

To sign up for Playmaker’s Investor Alerts, visit: playmaker.fans/investors.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments