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Acquisition of Securities Global Daily Fantasy Sports Inc.

Tickers: XTSX:DFS
Tags: #Gaming, #Technology



TheNewswire - June 22, 2020 - Mr. Guido Ganschow announces that on June 19, 2020 he acquired 28,582,277 common shares ("Acquisition Shares") of Global Daily Fantasy Sports Inc. (the "Company") at a deemed value of $0.15 per common share for total deemed consideration of $4,287,341 pursuant to the Company's acquisition of Playgon Interactive Inc. ("Playgon") as described in the Company's press release dated June 19, 2020

Prior to the Financing, Mr. Ganschow held no securities of the Company. After giving effect to the transaction between the Company and Playgon, Mr. Ganschow has acquired ownership of, and control and direction over, 28,582,277 common shares representing approximately 16.23% of issued and outstanding common shares in the capital of the Company. These Acquisition Shares will be subject to resale restrictions, such that 12.5% of the shares shall be released for sale on a quarterly basis following the initial six-month anniversary of the Closing Date.

Mr. Ganschow acquired ownership of, and control and direction over, the securities that triggered the requirement to file this press release. Mr. Ganschow may increase or decrease his beneficial ownership or control of securities in the Company as circumstances arise.

For further information or to obtain a copy of the early warning report filed on SEDAR, pursuant to National Instrument 62-103, please contact Mr. Krogh by telephone at 604-685-9316 or by e-mail at dkrogh@gdfsi.com. The Company's office is located at #1305 - 1090 W. Georgia Street, Vancouver, British Columbia, V6E 3V7. Mr. Ganschow resides in the Vancouver, BC Canada.

Copyright (c) 2020 TheNewswire - All rights reserved.

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