Engine Gaming and Media Announces the Appointment of Stu Porter to the Board of Directors
January 13 2022 - 3:01PM
Business Wire
Engine Gaming and Media, Inc. ("Engine" or the "Company";
NASDAQ: GAME; TSX-V: GAME), an esports/sports social gaming,
influencer marketing, and next-generation media solutions company,
today announced the appointment of highly respected private equity
fund manager Stuart “Stu” Porter to its Board of Directors,
effective January 17th.
"We are excited to have Stu join Engine’s board as an
independent director," said Tom Rogers, Engine's Executive
Chairman. “Stu is one of Engine's largest investors who brings more
than three decades of experience as a highly successful investor
who will provide very valuable perspective for the Engine board. I
have found Stu's insights to be extremely helpful as we continue to
navigate the public markets, and look forward to relying on his
service as we continue to grow Engine's various businesses."
Lori Conkling is resigning as a director due to expanded
responsibility at YouTube that presents a potential conflict of
interest in terms of the areas she oversees. Conkling stated,
“While my time on the Board was short in tenure, I remain a
long-term champion of the company.”
About Stuart “Stu” Porter
Stu Porter founded Denham Capital in 2004 and is its Chief
Executive Officer and Chief Investment Officer. Mr. Porter holds a
Bachelor of Arts from the University of Michigan and a Master of
Business Administration from the University of Chicago Booth School
of Business.
Mr. Porter brings three plus decades of experience evaluating,
investing and advising companies. Additionally, Mr. Porter has
significant global experience, managing offices in London and Perth
Australia for Denham Capital as well as deploying investment
capital across more than 75 portfolio companies in Africa,
Australasia, and North and South America. In Mr. Porter’s previous
roles as a founding partner of Sowood Capital Management LP and
Vice President and Portfolio Manager at Harvard Management Company,
Inc., as well as roles at Bacon Investments, J. Aron, a division of
Goldman Sachs, and Cargill, he oversaw both trading and investment
portfolios in energy in both the public and private sectors.
About Engine Gaming and Media, Inc.
Engine Gaming and Media, Inc. is traded publicly under the
ticker symbol (NASDAQ: GAME) (TSX-V: GAME). Engine provides premium
social sports and esports gaming experiences, as well as
unparalleled data analytics, marketing, advertising, and
intellectual property to support its owned and operated
direct-to-consumer properties while also providing these services
to enable its clients and partners. The Company’s subsidiaries
include Stream Hatchet, the global leader in gaming video
distribution analytics; Sideqik, a social influencer marketing
discovery, analytics, and activation platform; Eden Games, a
premium motorsport video game developer and publisher across
console and mobile gaming; WinView Games, a social predictive
play-along gaming platform for viewers to play while watching live
events; UMG, an end-to-end competitive esports platform powering
and broadcasting major esports events, as well as daily community
tournaments, matches, and ladders; and Frankly Media, a digital
publishing platform used to create, distribute and monetize content
across all digital channels. Engine Media generates revenue through
a combination of direct-to-consumer and subscription fees,
streaming technology and data SaaS-based offerings, programmatic
advertising, and sponsorships.
Cautionary Statement on Forward-Looking Information
This news release contains forward-looking statements and
forward-looking information within the meaning of applicable
securities laws (together, “forward-looking information”).
Forward-looking information involves known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Engine to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking information. Often, but not always,
forward-looking information can be identified by the use of words
such as "plans", "expects" or "does not expect", "is expected",
"estimates", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved. In respect of the
forward-looking information contained herein, Engine has provided
such information in reliance on certain assumptions that management
believed to be reasonable at the time. Forward-looking information
involves known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements
stated herein to be materially different from any future results,
performance or achievements expressed or implied by forward-looking
information. Actual results could differ materially from those
currently anticipated due to a number of factors and risks.
Accordingly, readers should not place undue reliance on
forward-looking information contained in this news release.
The forward-looking information contained in this news release
are made as of the date of this release and, accordingly, are
subject to change after such date. Engine does not assume any
obligation to update or revise any forward-looking information,
whether written or oral, that may be made from time to time by
Engine or on its behalf, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220113005893/en/
Investors Ryan Lawrence, ICR Ryan.Lawrence@icrinc.com
332-242-4321
Media James Goldfarb, Sloane & Company
jgoldfarb@sloanepr.com 212-446-1869
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