WONDR GAMING ANNOUNCES CLOSING OF ENTERPRISE GAMING ACQUISITION

2021-06-01

WONDR GAMING ANNOUNCES CLOSING OF ENTERPRISE GAMING ACQUISITION

Toronto, Ontario–(Newsfile Corp. – June 1, 2021) – Wondr Gaming Corp. (CNSX:WDR.CN) (CNSX:WDR-WT.CN) (the ” Company ” or ” Wondr Gaming “) is pleased to announce that, further to its press release of May 17, 2021, it has completed the previously announced acquisition (the ” Transaction “) of all of the issued and outstanding common shares of Enterprise Gaming Canada Inc. (” EGI “). As consideration for the Transaction, the Company issued an aggregate of 4,000,000 common shares of the Company (each a ” Common Share “) at a deemed price of $0.25 per Common Share, to the shareholders of EGI on a pro rata basis.

All Common Shares issued in connection with the acquisition of EGI are subject to a four-month and one day resale restriction and an 18-month voluntary escrow agreement between the selling shareholders of EGI and the Company.

“We are very excited to formally acquire EGI. The launch of our NFT platform MemeStation.com will allow us to create unique NFT moments from all of our future creative content campaigns, as well as with athletes, professional sports teams, and professional sports organizations moving forward. We now have a global reach to partner with some of the largest brands and sports organizations on the planet to create accretive alternative assets that drive revenue for everyone involved. MemeStation.com will also feature NFT indices tracking global sales and providing unique insights to all those who visit our platform,” commented Jon Dwyer, Chairman & CEO of Wondr Gaming.

About Wondr Gaming
Wondr Gaming Corp, a publicly traded company on the Canadian Securities Exchange that builds partnerships and fosters community within the gaming and esports industries by creating and acquiring new assets. Its business model unites brands and the global gaming community through loyalty & rewards, augmented reality, influencer advocacy, and tournament platform silos.

About Enterprise Gaming Canada Inc.
Founded by a serial blockchain entrepreneur, EGI is a privately held company that has built a proprietary NFT marketplace called ‘Memestation’ which facilitates the purchase, sale, and trading of meme digital art. Memestation has been designed to be easily cloned and reskinned to be applied to other media verticals.