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ePlay Announces Private Placement Close And ESports And Gaming Promotion Launch

On Wednesday, ePlay Digital Inc. announced the launch of marketing activities for ePlay products and investors. This comes after a new strategic partnership was announced with ThreeD Capital. ePlay CEO Trevor Doerksen is also scheduled to present at the eSports Investor Day event this coming Thursday.

Back on March 4th, ePlay initiated a “non-brokered private placement investment” to raise up to $800,000 by issuing up to eight million units of securities in the capital of the company. ePlay announced the company closed the final tranche of this Private Placement and issued 5,250,000 common shares and 5,250,000 warrants for gross proceeds of $525,000. No commissions were issued in connection with the Private Placement

The organization also previously announced the release of the ePlay ES (eSports) series with Skillz. This partnership is already leading the way to new sports and eSports titles, new marketing partnerships, and new revenue streams.

“Driving to revenue in eSports can take several routes,” said Trevor Doerksen. “ePlay’s approach to revenue includes cash and real-world rewards based on their performance in casual mobile games, fitness challenges, and sports and eSports prediction games.”

(All information was provided by Yahoo Finance)

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