23:43:31 EDT Thu 16 Jul 2026
Enter Symbol
or Name
USA
CA



Good Gamer Entertainment Inc (2)
Symbol GOOD
Shares Issued 7,590,740
Close 2026-07-10 C$ 0.095
Market Cap C$ 721,120
Recent Sedar+ Documents

Good Gamer clarifies financing

2026-07-16 20:15 ET - News Release

Ms. Nicole Payawal reports

GOOD GAMER ANNOUNCES CORRECTION TO NEWS RELEASE REGARDING CLOSING OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Good Gamer Entertainment Inc. is issuing this news release to correct its news release dated June 30, 2026, with respect to the closing of its previously announced non-brokered private placement, as described in its news release dated May 29, 2026. The prior news release incorrectly stated that the company had closed the offering in full. The offering will instead close in one or more tranches, and the company has closed the first tranche of the offering. All other information contained in the prior news release remains unchanged.

Pursuant to the first tranche, the company issued an aggregate of 1,667,334 units of the company at a price of six cents per unit for aggregate gross proceeds of $100,040.04.

The offering remains fully subscribed for aggregate gross proceeds of $200,040.06 and the size of the offering has not been reduced. The company elected to close the offering in tranches in order to complete the first tranche with those subscribers in respect of which all exchange requirements had been satisfied. The balance of the offering is expected to close in a subsequent tranche upon completion of the TSX Venture Exchange's review of the personal information forms submitted on behalf of certain subscribers who will hold 10 per cent or more of the issued and outstanding common shares upon closing of their subscriptions. Subscription agreements in respect of the remaining tranche have been executed and subscription funds have been received by the company, and the closing of the remaining tranche remains subject to the acceptance of the TSX Venture Exchange.

The company views the participation of these subscribers, who will become significant shareholders of the company upon closing, as a reflection of their confidence in the company's business and long-term prospects.

Each unit consists of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant entitles its holder to purchase one common share at a price of eight cents per warrant share for a period of 24 months from the closing date of the applicable tranche of the offering.

The company expects to complete the remaining tranche(s) of the offering in due course. There can be no assurance that any subsequent tranche of the offering will be completed or completed on the terms described in this news release. The company will issue a further news release upon the closing of any subsequent tranche.

The gross proceeds from the offering will be used by the company for general working capital.

In connection with the first tranche, the company paid a finder's fee to one arm's-length finder consisting of $800 in cash and 53,333 finder's warrants. Each finder's warrant is exercisable to acquire one common share at a price of eight cents per share for a period of 24 months from the closing date, on the same terms as the warrants. The finder's fee remains subject to the acceptance of the TSX Venture Exchange.

All securities issued in connection with the first tranche, including the finder's warrants, are subject to a statutory hold period of four months and one day from the closing date, expiring on Oct. 31, 2026, in accordance with applicable securities laws. The iffering remains subject to receipt of final approval from the TSX Venture Exchange.

About Good Gamer Entertainment Inc.

Good Gamer Entertainment is a forward-thinking technology company dedicated to innovating and utilizing artificial intelligence (AI) in technology. With a focus on developing cutting-edge solutions, Good Gamer is committed to enhancing how businesses engage with their audiences and data.

We seek Safe Harbor.

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