17:49:27 EDT Sun 07 Aug 2022
Enter Symbol
or Name

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Wondr Gaming Corp
Symbol WDR
Shares Issued 163,410,545
Close 2021-12-20 C$ 0.185
Recent Sedar Documents

Wondr Gaming to acquire Gamelancer for cash, shares

2021-12-20 17:13 ET - News Release

An anonymous director reports


Wondr Gaming Corp. has recently entered a non-binding letter of intent with Gamelancer Inc. to acquire all of the issued and outstanding securities of Gamelancer in exchange for $10-million (U.S.) of cash, with $7.5-million payable on closing and a further $2.5-million payable one year from the date of closing, and the issuance of common shares of Wondr representing 49 per cent of the company on a posttransaction basis.

Each party is conducting its respective due diligence, and the contemplated transaction remains subject to approval by the board of directors of each party and regulatory approval. Subject to the completion of each company's due diligence to its sole satisfaction, the parties will negotiate and proceed to enter into a definitive agreement outlining the terms and structure of the transaction. The final transaction structure will be determined after each party has had the opportunity to receive legal, accounting and tax.

About Wondr Gaming Corp.

Wondr Gaming, a publicly traded entertainment company on the Canadian Securities Exchange, builds partnerships and fosters community within the e-sports, professional sports and music industries through loyalty and rewards, non-fungible tokens, and its growing media business. Wondr Gaming generates revenue through brand partnerships hosted on its loyalty platform, the sale of NFTs focused on e-sports, professional sports and the music industry, and direct media sales hosted on its variety of partner platforms.

About Gamelancer Inc.

Gamelancer is the largest Gen Z social gaming network with over 24 million fans and one billion monthly video views. This unparalleled owned and operated network elevates a new generation of gamers through community, content and culture. Gamelancer's technology has made it simple to instantly connect with your friends and those with similar interests by joining communities that are passionate about WEB3, which encompasses NFTs and the future of gaming.

We seek Safe Harbor.

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