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Enter Symbol
or Name
USA
CA



theScore Inc
Symbol SCR
Shares Issued 254,941,435
Close 2015-03-04 C$ 0.65
Market Cap C$ 165,711,933
Recent Sedar Documents

ORIGINAL: theScore completes $26.5-million offering of units

2015-03-05 10:32 ET - News Release

Received by email:

File: theScore Closes $26 5 million Bought Deal Financing_March 5 2015 FINAL (US).pdf

    theScore Closes $26.5 million Bought Deal Financing
                   - Underwriters fully exercise over-allotment of 5.16 million units

TORONTO, March 5, 2015 � theScore, Inc. (TSX Venture: SCR) ("theScore" or the "Company")
is pleased to announce that it has closed its previously announced short-form prospectus
bought deal offering (the "Offering"). The underwriters purchased 39,560,000 units ("Units") at a
price of $0.67 per Unit for gross proceeds of $26,505,200, which included the full exercise of the
over-allotment option of 5,160,000 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 $1.00 at any time up to 36 months following
the closing. The Company has received conditional approval from the TSX Venture Exchange
(the "TSXV") to list the Class A Shares and Warrants on the TSXV. The warrants will trade
under the symbol SCR.WT.

John Levy Family Holdings Ltd., Relay Ventures Fund II L.P. and Relay Ventures Parallel Fund
II L.P. also participated in the Offering.

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


This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there
be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful,
including the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "1933 Act"), or any securities laws and may not be offered
or sold in the United States unless registered under the 1933 Act and any applicable securities laws of
any state of the United States or an applicable exemption from such registration requirements is
available.

For more information:

James Bigg                                                 Tom Hearne
Manager, Communications                                    Chief Financial Officer
theScore, Inc.                                             theScore, Inc.
Tel: 416.479.8812 ext. 2366                                Tel: 416.479.8812 ext. 2206
Email: james.bigg@thescore.com                             Email: tom.hearne@thescore.com


About theScore Inc.
theScore, Inc. is an independent creator of mobile-first sports experiences, connecting fans to
what they love through an addictive combination of comprehensive and personalized real-time
news, scores, stats, alerts and daily fantasy sports contests via its mobile sports platforms
`theScore,' `theScore eSports,' `ScoreMobileFC' and `Swoopt.'
 Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are
forward-looking statements. Any statement containing words such as "may", "would", "could",
"will", "believes", "plans", "anticipates", "estimates", "expects" or "intends" and other similar
statements which are not historical facts contained in this release are forward-looking, and
these statements involve risks and uncertainties and are based on current expectations. Such
statements reflect theScore's current views with respect to future events and are subject to
certain risks, uncertainties and assumptions. Many factors could cause the Company's actual
results, performance or achievements to be materially different from any future results,
performance or achievements that may be expressed or implied by such forward looking
statements, including among other things, those which are discussed under the heading "Risk
Factors" in the Company's Annual Information Form and Short-form Prospectus as filed with the
TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in
documents that theScore files from time to time with securities regulatory authorities. Should
one or more of these risks or uncertainties materialize, or should assumptions underlying the
forward-looking statements prove incorrect, actual results could differ materially from the
expectations expressed in these forward-looking statements. The Company does not intend,
and does not assume any obligation, to update these forward-looking statements except as
required by applicable law or regulatory requirements.

Neither 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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