Mr. Tom Hearne reports

THESCORE CLOSES $26.5 MILLION BOUGHT DEAL FINANCING; UNDERWRITERS FULLY EXERCISE OVER-ALLOTMENT OF 5.16 MILLION UNITS

theScore Inc. has closed its previously announced short-form prospectus bought-deal offering. The underwriters purchased 39.56 million units at a price of 67 cents per unit for gross proceeds of $26,505,200, which included the full exercise of the overallotment option of 5.16 million units. Each unit consists of one Class A share and one-half of one Class A share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one Class A share at an exercise price of $1 at any time up to 36 months following the closing.

The company has received conditional approval from the TSX Venture Exchange to list the Class A shares and warrants on the TSX-V. The warrants will trade under the symbol SCR.WT.

John Levy Family Holdings Ltd., Relay Ventures Fund II LP and Relay Ventures Parallel Fund II LP also participated in the offering.

The net proceeds from the offering will be used to support the continuing development of the company's mobile sports apps, and the expansion of sales and marketing efforts, and for general corporate and working capital purposes.

We seek Safe Harbor.