CORRECTION From Source - Enthusiast Gaming Provides Correction to Press Release Regarding Number of Gamer Profiles of Tabwire...
May 12 2021 - 06:38PM
Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX)
(TSX:EGLX), (“Enthusiast Gaming” or the “Company”), announces a
correction to its press release entitled “Enthusiast Gaming Reports
First Quarter 2021 Financial Results” issued today (the “Initial
Press Release”).
In the Initial Press Release, the Company
incorrectly stated Tabwire LLC has 13 billion gamer profiles when
the correct number is 13 million gamer profiles. The Company
announced today in the press release entitled “Enthusiast Gaming
Accelerates Launch of Gaming Social Network and Premium
Subscription Offering with Acquisition of Tabwire” that it has
entered into a definitive agreement to acquire Tabwire LLC.
The correction does not change any other
information nor have a material effect on any other information in
the Initial Press Release.
About Enthusiast Gaming
Enthusiast Gaming is building the largest media
platform for video game and esports fans to connect and engage
worldwide. Combining the elements of its four core pillars; Media,
Talent, Esports and Experiences, Enthusiast Gaming provides a
unique opportunity and integrated approach to reach and connect
with its coveted GenZ and Millennial audience. Through its
proprietary mix of digital media and entertainment assets,
Enthusiast Gaming has built a vast network of like-minded
communities to deliver the ultimate fan experience.
Contacts
Enthusiast Gaming Investor Relations:Eric
Bernofsky, Chief Corporate Officerinvestor@enthusiastgaming.com
Media Relations:Carmela Antolino, Provident
Communicationscarmela@providentcomms.com647-287-2286
Forward Looking Statements
Neither the TSX Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Exchange) accepts responsibility for the adequacy or accuracy
of this release.
This news release contains certain statements
that may constitute forward-looking information under applicable
securities laws. All statements, other than those of historical
fact, which address activities, events, outcomes, results,
developments, performance or achievements that Enthusiast
anticipates or expects may or will occur in the future (in whole or
in part) should be considered forward-looking information. Such
information may involve, but is not limited to, comments with
respect to strategies, expectations, planned operations and future
actions of the Company. Often, but not always, forward-looking
information can be identified by the use of words such as "plans",
"expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "believes" or variations
(including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results "may", "could", "would", "might" or
"will" (or other variations of the forgoing) be taken, occur, be
achieved, or come to pass. Forward-looking information is based on
currently available competitive, financial and economic data and
operating plans, strategies or beliefs as of the date of this news
release, but involve known and unknown risks, uncertainties,
assumptions and other factors that may cause the actual results,
performance or achievements of Enthusiast to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
factors may be based on information currently available to
Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management's current expectations or beliefs regarding future
growth, results of operations, future capital (including the
amount, nature and sources of funding thereof) and expenditures.
Any and all forward-looking information contained in this press
release is expressly qualified by this cautionary statement.
Trading in the securities of the Company should be considered
highly speculative.
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