WONDR GAMING ANNOUNCES CLOSING OF HOT DOT MEDIA INC. ACQUISITION

2021-06-07

WONDR GAMING ANNOUNCES CLOSING OF HOT DOT MEDIA INC. ACQUISITION

Toronto, Ontario–(Newsfile Corp. – June 7, 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 25, 2021, it has completed the previously announced acquisition (the ” Transaction “) of all of the issued and outstanding common shares of Hot Dot Media Inc. (” HDM “). As consideration for the Transaction, the Company issued an aggregate of 8,000,000 common shares of the Company (each a ” Common Share “) at a deemed price of $0.25 per Common Share, to the shareholders of HDM on a pro rata basis.
All Common Shares issued in connection with the acquisition of HDM are subject to a four-month and one day resale restriction and an 18-month voluntary escrow agreement between the selling shareholders of HDM and the Company.

“The acquisition of Hot Dot Media is a pivotal move for Wondr to establish our media division. The addition of Adam and his team provides our organization with some of the brightest minds in the industry, and will bolster our ability to drive traffic to our NFT platform, MemeStation.com, and our soon-to-launch esports loyalty & rewards platform, GamingRewards.com”, commented Jon Dwyer – Chairman and 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 Hot Dot Media Inc.
HDM offers an end-to-end solution for influencer marketing by sourcing talent, handling logistics, and running paid advertisements. HDM has developed a cutting-edge internal process for matching brands with creators. The process has enabled HDM to conduct campaigns for leading firms in apparel, esports, DTC, consumables, oral care, and SaaS.