VANCOUVER, BC, Dec. 10, 2020 /CNW/ - LEAF Mobile Inc.
(TSXV: LEAF), announces that the special meeting of its
shareholders, originally scheduled for December 11, 2020, will be cancelled.
However, LEAF still intends to proceed with its previously
announced acquisition of all of the outstanding securities of ESG
(the "Acquisition"). LEAF intends to obtain minority
shareholder approval by way of written consent instead of holding a
meeting, as allowable under TSXV policies. Please refer to
LEAF's previous news releases dated October
7, October 26, November 11 and November
30, 2020 for further details.
Completion of the Acquisition is subject to a number of
conditions, including but not limited to TSXV acceptance and
majority of the minority shareholder approval. The
Acquisition cannot close until the required shareholder approval is
obtained. There can be no assurance that the Acquisition will
be completed as proposed or at all.
Investors are cautioned that, except as disclosed in a filing
statement to be prepared in connection with the Acquisition, any
information released or received with respect to the Acquisition
may not be accurate or complete and should not be relied
upon. Trading in the securities of LEAF should be considered
highly speculative.
The TSXV has in no way passed upon the merits of the proposed
Acquisition and has neither approved nor disapproved of the
contents of this news release.
About the Company
LEAF Mobile Inc. (TSX.V: LEAF) is a leading creator of
counterculture mobile games. Headquartered in Vancouver, with a premier development studio,
LDRLY based in Nanaimo, BC, the
company is highly skilled in intellectual property, mobile game
development, marketing and publishing. LEAF's culture is anchored
in creativity, data insights and execution, delivering highly
engaging games that produce enduring player enjoyment. With over a
decade of experience in game development and marketing, LEAF has
consistently delivered high-grossing original and licensed IP
titles that include, Cheech & Chong Bud
Farm, Bud Farm Idle Tycoon, Bud Farm
Grass Roots and Bud Farm 420.
Our game titles are available worldwide on the App Store and Google
Play. LEAF leverages successes in platform, IP, marketing,
development and data analysis to maximize value for our global
network of constituents, from players to talent to shareholders and
beyond.
For more information and to keep current on LEAF,
visit www.leafmobile.io and join our online communities
at Linkedin, Twitter, Facebook, and Instagram
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.
SOURCE Leaf Mobile Inc.