VANCOUVER, June 1, 2017 /CNW/ - Backstageplay Inc.
(NEX‐TSXV Exchange: BP.H) (the "Company") announced today
the appointment of Mr. Stirling
McIIwaine to its board of directors effective
immediately.
Mr. McIIwaine has enjoyed more than 25 years of experience in
the entertainment/music industry, operating his own management
companies and/or working alongside major brands such as Three Six
Zero Group, 19 Entertainment, Simon Fuller and American
Idol. Selling over 20 million albums, Stirling has worked
with and represented the likes of Dave
Mathews, Hanson, Nerd, The Thrills, Daughtry, Jordin Sparks, Kris
Allen among others.
More recently, Stirling served as the Senior Vice President of
US Artist Management at Three Six Zero Group
(www.tszgroup.com) which is an international entertainment/music
management company founded in 2007 by Mark
Gillespie and Dean
Wilson. Three Six Zero is an artist-driven company
with offices in Los Angeles,
London, New York and Berlin and they represent the likes of
Calvin Harris, Frank Ocean, Travis
Scott and Deadmau5.
"We are absolutely delighted to have Stirling join us as a
director of our emerging company" said Scott White Backstageplay's
CEO. "Stirling brings substantial knowledge and connectivity
to and throughout the music and entertainment industries both in
North America and abroad. We
are very lucky to have access to his expertise and contacts, as we
roll out our gamification platform in 2017".
"We have been working with the team at Backstageplay for several
months now, helping them shape their gamification services platform
for the music industry" commented Stirling McIIwaine. "As we
continue to work together and advance the Backstageplay business
model with our contacts, I expect positive feedback and reception
from both clients and their fans. I am excited to be involved
and help this unique artist-fan engagement penetrate the music
market in 2017".
The Company also announced that Howard
Blank was stepping down as a member of the board of
directors effective immediately. The Company extends its
sincere thanks to Mr. Blank for his assistance during its
early stages of development.
In addition, the Company has granted stock options to Mr.
McIlwaine to purchase up to 100,000 common shares of the Company
exercisasble up to and including June 1,
2022, at an exercise price of $0.23 per share. The stock options are
subject to the terms of the Company's Stock Option Plan and any
necessary regulatory approvals.
Please visit our website
at www.backstageplay.com, where you can find a short
video and a corporate presentation.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
All statements in this news release, other than statements of
historical facts, that address events or developments that the
Company expects to occur, including statements regarding the
closing of the non-brokered financing, the proposed use of funds,
expectation of multiple closings of the private placement, are
"forward-looking statements". Forward-looking statements are
necessarily based on estimates and assumptions that are inherently
subject to known and unknown risks, uncertainties and other factors
that may cause the Company's actual results, performance or
achievements to be materially different from those expressed or
implied by such forward-looking statements. Forward-looking
statements are not guarantees of future performance, and actual
results and future events could materially differ from those
anticipated in such statements. Factors that may cause actual
results to vary from those made in the forward looking statements
described in this document include: timing of completion of
financing; changes in general economic conditions and conditions in
the financial markets; changes in demand and prices for minerals;
delays in obtaining approvals, litigation, legislative,
environmental and other judicial, regulatory, political and
competitive developments;. This list is not exhaustive of the
factors that may affect the forward looking statements. These and
other factors should be considered carefully and readers should not
place undue reliance on the companies' forward-looking information.
The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, events or otherwise, except in
accordance with applicable securities laws.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of the securities in
the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within
the United States or to U.S.
Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
SOURCE Backstageplay Inc.