Mr. Charlo Barbosa, an investor, reports
CHARLO BARBOSA DISPOSES OF SECURITIES OF
GOOD GAMER ENTERTAINMENT INC.
Charlo Barbosa, Krak Media Inc., Mainstreamdollars Publishing Inc. and Market Jar Media Inc. (the joint actors) have disposed of an aggregate 6,187,500 common shares of Good Gamer Entertainment Inc. The subject shares represent approximately 14.5 per cent of all issued and outstanding common shares of the company as of Feb. 9, 2024, immediately following the transaction described herein resulting in a corresponding decrease in the percentage of shares held by Mr. Barbosa and the joint actors as a result of the transaction.
Immediately before the transaction described herein, Mr. Barbosa and the joint actors held control or ownership of an aggregate 13,076,178 common shares of the company (the preshares), representing approximately 30.7 per cent of the issued and outstanding common shares of the company.
Immediately following the transaction described herein, Mr. Barbosa and the joint actors held control or ownership of an aggregate of 6,888,678 common shares (the postshares), representing approximately 16.2 per cent of the issued and outstanding common shares of the company.
The aggregate consideration payable for the subject shares was $92,812.50, or 1.5 cents per subject share.
The subject shares were disposed of through a private share sale agreement which does not contain any provisions regarding the transfer, guarantee or voting of such securities. The holdings of securities of the company by Mr. Barbosa and the joint actors are managed for investment purposes. Depending on market conditions, Mr. Barbosa and the joint actors may from time to time dispose of additional securities of the company, acquire some, or may continue to hold his current position.
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