Intema Solutions Inc. (“Intema” or the “Corporation”) (TSXV: ITM, OTCMKTS: ITMZF) is pleased to announce that its subsidiary, Parabellum Esports, has been granted a license to participate in the Rainbow Six Pro League, which will be taking place at the HyperX Arena in Las Vegas.The team will join other top North American teams including OxG Esports, Astralis, SpaceStation Gaming and X-Set. Parabellum Esports also announced their new roster for the season bringing back P3NGU1N, EsKaa, and KoolAid who were a part of their North American Challenger League Championship team, as well as new signings including Creators, Whimpy and BlaZ. The Rainbow Six Pro League season consists of three main stages and one major event per stage. The team will also be eligible to compete in the R6 share program, which enables teams to share in the league revenue. “We are thrilled to see Parabellum achieve this major milestone as a team and embark on the next stage of their journey. We are also very excited to be working with such great partners at Rainbow Six Pro League, who are committed to working with teams to grow the entire ecosystem,” said Laurent Benezra, President and CEO of Intema. The team will be heading to Las Vegas on March 14-18 for media day and will be commencing the season at the end of March. About Parabellum EsportsFounded in 2020, Parabellum is a Canadian Professional Esports Organization from Toronto and is competing in titles such as Rainbow 6, Rocket League, Super Smash Bros Ultimate, CSGO, iRacing and more. We also have a full content team with content creators and streamers from all over North America. Parabellum also runs Northern Shield Academy, which gives amateur players coaching, mentorships and paths to move their esports career forward.  For more information, visit www.parabellumesports.com.About IntemaIntema Solutions Inc. is the emerging world leader in the esports and iGaming industry. Our mission is to bring the excitement of esports betting to the entire world through fully licensed, secure online platforms. Our ecosystem consists of subsidiaries in esports, iGaming, product branding, digital advertising and marketing campaign design that are all complementary drivers of our future revenue growth. For more information, please visit our corporate website at intema.ca.ContactLaurent BenezraPresident and CEO514-861-1881info@intema.caForward-Looking StatementsThis press release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical facts, included in this press release, including, without limitation, those regarding the Private Placement; the expected development of the Corporation’s business and projects; execution of the Corporation’s vision and growth strategy; sources and availability of financing for the Corporation’s projects; and future liquidity, working capital, and capital requirements, are forward-looking statements. Although the forward-looking statements in this press release are based upon what management of the Corporation believes are reasonable assumptions, they are inherently subject to significant business, economic and competitive uncertainties, and contingencies, and there can be no assurance that they will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-Looking statements can generally be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this press release relate to, among other things, statements relating to the terms of the Private Placement and the terms of the Proposed Transaction; Intema’s future outlook and anticipated events or results; and the completion of the Private Placement and the Proposed Transaction. Actual future results may differ materially. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. The Corporation’s statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of the Corporation’s control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Private Placement and the Proposed Transaction, including: that the Corporation’s assumptions in making forward-looking statements may prove to be incorrect; general adverse market conditions and competition; the inability to finance operations and/or obtain any future strategic investment necessary to implement new technologies; the inability to build a sustainable, conscientious company with a stronger presence online through new products in esports and gaming; the inability to obtain, or maintain, gaming license(s); and that market conditions related to the COVID-19 pandemic may negatively affect the outcome of the business or operations of the Corporation, including its results and financial condition. Except as required by securities law, the Corporation does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. The Corporation undertakes no obligation to update forward-looking statements except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/375006e2-ecee-4a33-816b-f00954761a07
Intema Solutions (TSXV:ITM)
Historical Stock Chart
From Oct 2022 to Nov 2022 Click Here for more Intema Solutions Charts.
Intema Solutions (TSXV:ITM)
Historical Stock Chart
From Nov 2021 to Nov 2022 Click Here for more Intema Solutions Charts.