TIDMNFTX 
 
LOOKING GLASS LABS LTD 
 
                            N E W S   R E L E A S E 
 
Looking Glass Labs Admitted to Trading on the AQSE Growth Market in London, UK 
 
The Company's Shares Will Commence Trading on AQSE at 8:00 AM GMT on Monday, 
November 14 with the Ticker Symbol "NFTX", While Its Shares Will Continue to 
Trade on the NEO Exchange in Canada 
 
Vancouver, British Columbia - November 14, 2022 / Cision / - Looking Glass Labs 
Ltd. ("LGL" or the "Company") (NEO: NFTX) (OTC: LGSLF) (AQSE: NFTX) (FRA: H1N), 
a leading Web3 platform specializing in non-fungible token ("NFT") 
architecture, immersive metaverse environments, play-to-earn tokenization and 
virtual asset royalty streams, announces that it has completed its admission to 
the Access segment of the AQSE Growth Market ("AQSE") and trading will commence 
at 8:00 A.M. GMT on Monday, November 14, 2022 ("Admission") under the ticker 
"NFTX". The Company's shares will also continue to trade on the NEO Stock 
Exchange in Canada. 
 
Company Highlights: 
 
  * LGL's leading brand, House of Kibaa ("HoK"), is designing and curating a 
    next-generation metaverse for 3D assets that allows functional art and 
    collectibles to exist simultaneously across different NFT blockchain 
    environments; 
  * LGL's Alpha version of its Pocket Dimension metaverse, a hyper-realistic 
    digital world built using the latest version of Unreal Engine that offers 
    users a premium virtual experience across 10 different environments, was 
    released on November 1, 2022; 
  * LGL is currently developing a mobile game, Degen Area, which is aiming to 
    be the first truly decentralized game that will integrate the art and 
    audiences of many different NFT projects and its launch is anticipated to 
    be in mid-late 2023; 
  * The Company has also developed GenZeroes, which is a new multi-media 
    franchise and is being developed in collaboration with several artists with 
    work experience that includes projects for both the StarWars and Marvel 
    franchises; and 
  * The Company has recently completed the acquisition of Web 3.0 Holdings 
    Corp., which is a Web3 focused technology company which owns a proprietary 
    retail technology platform. 
 
Management Commentary: 
 
"It is a significant achievement to now be able to offer UK-based investors the 
ability to invest in LGL more easily and directly via its admission to the AQSE 
Growth Market.  AQSE is a great platform for growing companies to access new 
investors," said Dorian Banks, Chief Executive Officer at LGL. "Adding AQSE as 
a forum for the trading of our common shares in addition to them being 
available on the NEO Exchange, OTC Market and Frankfurt Bourse is an example of 
how LGL is striving to bring the business of NFTs and the metaverse to more 
people around the world," added Mr. Banks. 
 
The Company will have a dual listing with its common shares fully fungible 
through a CREST Depositary Interest ("CDI"). The CDIs will carry the same ISIN 
as the Common Shares listed in Canada on NEO. The issued share capital of LGL 
comprises 129,744,338 common shares. 
 
Sector Classification: 
 
The Company will be classified as an Information Technology company on Access 
Segment of the Aquis Stock Exchange. 
 
"This announcement, together with any documents incorporated by reference, 
shall be deemed to constitute an admission document for the purposes of the 
AQSE Growth Market Rules for Issuers - Access. It has not been approved or 
reviewed by the Aquis Stock Exchange or the Financial Conduct Authority." 
 
The Directors of Looking Glass Labs take responsibility for this announcement 
 
This announcement contains inside information for the purposes of Article 7 of 
the Regulation (EU) No 596/2014 on market abuse 
 
 
For further information, please contact: 
 
Looking Glass Labs Ltd. 
Dorian Banks, Chief Executive Officer 
Tel: +1 833 545 6389 
Email: info@lgl.io 
Website: https://www.lgl.io/ 
 
Novum Securities Limited, AQSE corporate Advisor 
David Coffman/ George Duxberry 
Tel: +44 (0)207 399 9400 
 
 
About Looking Glass Labs: 
 
Headquartered in Vancouver, British Columbia, Looking Glass Labs ("LGL") is a 
Web3 platform specializing in non-fungible token ("NFT") architecture, 
immersive metaverse environments, play-to-earn tokenization and virtual asset 
royalty streams. Its leading brand, House of Kibaa ("HoK"), designs and curates 
a next generation metaverse for 3D assets, which allows functional art and 
collectibles to exist simultaneously across different NFT blockchain 
environments. HoK has successfully released digital assets to include 
GenZeroes, which sold out in just 37 minutes for total proceeds to LGL of CAD 
6.2 million, in addition to a perpetual 5% royalty stream on secondary market 
sales. 
 
To view LGL's current investor presentation, please visit https://www.lgl.io/ 
investors. 
 
To join LGL's mailing list, please subscribe via the following link: https:// 
www.lgl.io/contact-us 
 
Directors: 
 
Adam Deffett, Non-Executive Director 
 
Mr. Deffett is a senior capital markets professional with over 15 years of 
experience in the Canadian equity markets. Mr. Deffett began his career at RBC 
Capital Markets and has held senior positions in both sales and trading at 
various Canadian banks and independent dealers, most recently as Managing 
Director and Head of Institutional Sales at Laurentian Bank. He has extensive 
experience in capital raising, shareholder communication and capital markets 
strategy. Mr. Deffett is also the interim CEO and vice president of capital 
markets of KetamineOne Capital Limited. Mr. Deffett graduated with a Bachelor 
of Commerce from the University of Calgary and is a CFA Charterholder. 
 
Patrick O'Flaherty, Non-Executive Director 
 
Mr. O'Flaherty is a Chartered Accountant and a Chartered Financial Analyst. He 
also holds a degree in Economics from Union College, in Schenectady, NY. Mr. 
O'Flaherty has several years of experience in financial services, including 
public accounting and wealth management. He has worked for a recognized 
accounting firm and two recognized banking institutions. 
 
Carl Chow, Non-Executive Director 
 
Mr. Chow is a telecommunications Consultant, at Shaw Communications responsible 
for designing, implementing, and upgrading cost-effective telecommunication 
systems for both residential and commercial clientele. Mr. Chow served on the 
board of directors for a Singapore domiciled company, Interact Investments 
Inc., from 2010 to 2015. Mr. Chow held a position as an Investor Relations 
senior manager for NewAge Financing Limited, from 2006 until 2009. His role and 
responsibilities were composed of liaising with start-up companies and locating 
strategic Venture Capital funding. Prior to this position he served as CEO and 
director of Meadow Springs, Inc. and as a director of Lido Minerals Corp. (now 
Highlander Silver Corp.) Mr. Chow completed a diploma in Financial Management 
from the British Columbia Institution of Technology. 
 
Senior Management: 
 
Dorian Banks, Chief Executive Officer 
 
Mr. Banks is an international serial entrepreneur, having started dozens of 
businesses in Europe, Africa, Asia and North and South America. For over 25 
years, he has primarily worked in the tech, agri-tech and blockchain sectors. 
Mr. Banks primarily works to identify up-and-coming trends, develop a business 
model and turn the idea into a successful business. He has also consulted 
globally on the sectors he has most expertise. Mr. Banks has served on over a 
dozen public Boards and taken his own startups to the public markets such as 
MetroBridge Networks which he started as a one-man operation. He also has 
served in larger corporations such as Chief Knowledge Officer of Voith GmbH in 
Germany. He continues as Managing Director of Design Build Research, a 
non-profit educating around sustainable building practices. 
 
Francis Rowe, Chief Financial Officer 
 
Mr. Rowe is a Chartered Professional Accountant and holds a Bachelor of Science 
degree from the University of Northern British Columbia. He has provided 
accounting and tax services to a wide range of business and personal clients. 
In addition, he currently serves as a Director and Chief Financial Officer for 
several public and private entities. 
 
Neil Stevenson-Moore, Chief Product Officer 
 
A serial entrepreneur, Mr. Stevenson-Moore was the CEO and founder of 
StylePixi, a retail technology company that leverages Artificial Intelligence 
and advanced algorithms to disrupt the $25 trillion dollar retail market. 
Building off the success of StylePixi, Neil moved to London UK as he was 
selected to be the head of online giant Farfetch's "Store of the Future". 
Farfetch is recognized as a world leader in consumer retail technology and is 
currently valued in excess of $1.5B. Neil has since co-founded and helped to 
build SportNinja into a fast-growing player in the $200B amateur sports 
industry. Mr. Stevenson-Moore brings a wealth of consumer engagement and 
marketing experience to the Looking Glass team and will be instrumental in 
developing an exciting go to market strategy. 
 
Forward-Looking Information 
 
This news release contains "forward-looking statements." Statements in this 
news release that are not purely historical are forward-looking statements and 
include any statements regarding beliefs, plans, expectations, or intentions 
regarding the future. Such forward-looking statements include, among other 
things: the development of Pocket Dimension, the Company's goal to become the 
leading digital studio specializing in NFT architecture, immersive metaverse 
design and virtual asset display monetization streams; intention to build out a 
portfolio of perpetual NFT royalty streams through collaborations, accretive 
acquisitions and other arrangements, to potentially result in consistent, 
de-risked and passive revenue; and the near-term projects and future projects. 
 
The material assumptions supporting these forward-looking statements include, 
among others, that: the Company could mitigate the risks associated with the 
blockchain and NFT industry; the ability to compete with other businesses in 
the NFT market; the availability of sufficient funding to carry out the 
Company's business development plans; favourable market conditions; the ability 
of HoK to sell all or substantially all of its product offerings; the market 
acceptance for its products; and the ability to complete the development of 
Pocket Dimension in a timely manner. 
 
Although management considers these assumptions to be reasonable based on 
information currently available to it, they may prove to be incorrect. These 
forward-looking statements are only predictions and involve known and unknown 
risks, uncertainties and other factors, including: the continued growth and 
adoption of NFT and metaverse offerings by the consumer market; the cost of 
developing and designing NFTs and metaverses is economically viable; the 
Company being able to attract and retain a sufficient workforce with desired 
skillsets to develop the Company's NFT and metaverse offerings; the 
availability of offerings provided by third-parties in the NFT, metaverse 
development and online gaming market to identify potential transactions; the 
increasing adoption of NFTs as a solution for various online gaming, 
entertainment and collectible uses; the Company having the ability to mitigate 
the risks associated with the blockchain and NFT industry; and the ability to 
compete with other businesses in the NFT, metaverse development, content 
creation and collectibles market. 
 
Although management considers these assumptions to be reasonable based on 
information currently available to it, they may prove to be incorrect. These 
forward-looking statements are only predictions and involve known and unknown 
risks, uncertainties and other factors, including: the risk that the Company's 
offerings are not accepted by the consumer, the risk that other competitors may 
offer similar digital offerings; the risk that there may be negative changes in 
general economic and business conditions; the risk that the Company may have 
negative operating cash flow and not enough capital to complete the development 
of any of its technologies; the risk that the Company may not be able to obtain 
additional financing as necessary; the risk that there may be increases in 
capital and operating costs; the risk that the NFT technology may be subject to 
fraud and other failures; the risk that there may be technological changes and 
developments in the blockchain that make the NFT solutions obsolete; risks 
relating to regulatory changes or actions which may impede the development or 
operation of the blockchain solutions; the risk that other competitors may 
release similar blockchain offerings; the potential future unviability of the 
NFT market in general; the volatile cost of the amount of computational effort 
required to execute specific operations on the blockchain, and other general 
risks involved in the blockchain solutions. 
 
Risks and uncertainties about the Company's business are more fully discussed 
in the Company's disclosure materials, including its reports filed with the 
Canadian securities regulators and which can be obtained from www.sedar.com. 
 
Any of these risks may cause the Company's actual results, levels of activity, 
performance or achievements to be materially different from any future results, 
levels of activity, performance or achievements expressed or implied by these 
forward-looking statements. Further, although the Company has attempted to 
identify factors that could cause actual results, levels of activity, 
performance or achievements to differ materially from those described in 
forward-looking statements, there may be other factors that cause results, 
levels of activity, performance or achievements not to be as anticipated, 
estimated or intended. These forward-looking statements are made as of the date 
of this news release, and the Company assumes no obligation to update the 
forward-looking statements, or to update the reasons why actual results could 
differ from those projected in the forward-looking statements, except as 
required by applicable law, including the securities laws of the United States 
and Canada. Although the Company believes that any beliefs, plans, expectations 
and intentions contained in this news release are reasonable, there can be no 
assurance that any such beliefs, plans, expectations or intentions will prove 
to be accurate. The Company does not assume any liability for disclosure 
relating to any other company mentioned herein. 
 
SOURCE: LOOKING GLASS LABS LTD. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

November 14, 2022 02:00 ET (07:00 GMT)

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