IWA INTIATES WITH A STRONG BUY ON X1 - This is clearly - just the beginning. All you need to do is look at the track record of CEO Mark Eifenbein to activate your hand to wallet reflex. This is a unique and exciting opportunity for investors to participate in the gaming and media business with a seasoned team. Buy it and hold it. It is time to play - with smart people. “And so, the important thing we should do as investors, generally, is to find the 400 hitters and then watch them swing. “The smart investor simply allocates capital. And aside from that, we cheer in the stands.”
X1 Esports & Entertainment Completes IPO, Will Commence Trading on the Canadian Securities Exchange Under the Symbol “XONE”
X1 Esports & Entertainment (CSE: XONE) (“X1” or the “Company”), a games & media portfolio company is pleased to announce that its shares will begin trading on June 30, 2022, on the Canadian Securities Exchange (the “Exchange”). X1 will trade under the stock ticker symbol “XONE”. “We could not be more proud of our organization in reaching this milestone of listing on the Canadian Securities Exchange,” said X1 Chief Executive Officer Mark Elfenbein. “In addition to our existing assets, there is a great opportunity to acquire companies within the games and creator economy markets that we believe can benefit tremendously from being a part of the X1 ecosystem.” About X1 The Company is an esports portfolio company which owns and operates a growing esports franchise, RixGG. The business of the Company is the competitive playing of video games by teams for cash prizes, and operations ancillary to such competition, such as merchandising and the hosting of tournaments. IWA is a shareholder of X1 Esports
Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission. NEITHER 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.