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Interactive Games Announces Name Change

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Interactive Games Technologies Inc. (OTC: BLITF) will change its corporate name to i3 Interactive Inc. on May 21, 2021. This transition will not affect existing share and warrant certificates, which remain valid. The company specializes in online and mobile gaming, aiming to engage sports fans with unique gaming products and has secured partnerships with social media influencers to expand into new markets. Updated ISIN and CUSIP numbers will be issued for the company's shares and warrants as part of the name change.

Positive
  • Corporate name change to i3 Interactive Inc. may enhance brand recognition.
  • Engagement with social media influencers to penetrate emerging global markets.
Negative
  • None.

TORONTO, May 19, 2021 (GLOBE NEWSWIRE) -- Interactive Games Technologies Inc. (CSE: BETS) (FRA: F0O3) (OTC: BLITF) (the “Company”) is pleased to announce that it will be completing a corporate name change to “i3 Interactive Inc.” at the start of trading on May 21, 2021 on the Canadian Securities Exchange. The Company’s ISIN and CUSIP numbers for the common shares will change to CA45073W1068 and 45073W106, respectively. The ISIN and CUSIP numbers for the warrants will change to CA45073W1142 and 45073W114, respectively.

No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged.

ABOUT INTERACTIVE GAMES INTERNATIONAL INC.

The Company is in the business of providing customers with an online and mobile gaming platform which will provide sports fans worldwide with a unique and highly-engaging social gaming product, and sports betting and casino product offering. In an effort to break into the various emerging global markets, the Company has secured partnerships with key social media influencers.

For additional information on the Company:

Email: info@i3company.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements, including, without limitation, (i) the costs of compliance with and the risk of liability imposed under the laws of the jurisdictions in which the Company is operating or will operate (the “Operating Jurisdictions”) including gambling laws and regulations, sports betting laws and regulations and mobile or online gambling and sports betting laws and regulations, (ii) negative changes in the political environment or in the regulation of mobile and online sports betting or gambling and the Company’s business in the Operating Jurisdictions, (iii) risks relating to COVID-19 (iv) negative shifts in public opinion and perception of the gambling industry, (v) significant competition in the industry, (vi) risks of product liability and other safety-related liability as a result of usage of the Company’s planned gambling and betting products, (vii) loss of intellectual property rights or protections, (viii) cybersecurity risks, (ix) constraints on marketing products,(x) fraudulent activity by employees, and (xi) risk of litigation. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Readers are further cautioned that the assumptions used in the preparation of such forward-looking statements (including, but not limited to, the assumption that , (i) the Company's financial condition and development plans do not change as a result of unforeseen events, (ii) there will continue to be a demand, and market opportunity, for the Company’s product offerings, (iii) the Company will be able to establish, preserve and develop its brand, and attract and retain required personnel, and (iv) current and future economic conditions will neither affect the business and operations of the Company nor the Company’s ability to capitalize on anticipated business opportunities) although considered reasonable by management of the Company at the time of preparation, may prove to be imprecise and result in actual results differing materially from those anticipated, and as such, undue reliance should not be placed on forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. Forward-looking statements, forward-looking financial information and other metrics presented herein are not intended as guidance or projections for the periods referenced herein or any future periods, and in particular, past performance is not an indicator of future results and the results of the Company in this press release may not be indicative of, and are not an estimate, forecast or projection of the Company’s future results. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.


FAQ

What is the new name for Interactive Games Technologies Inc.?

Interactive Games Technologies Inc. will be renamed i3 Interactive Inc. starting May 21, 2021.

What is the stock symbol for Interactive Games Technologies Inc.?

The stock symbol for Interactive Games Technologies Inc. is BLITF.

Will shareholders need to take action regarding the name change?

No action is required from shareholders; existing share and warrant certificates will remain valid.

What products does i3 Interactive Inc. offer?

i3 Interactive Inc. provides online and mobile gaming platforms for sports betting and casino products.

How does the company plan to expand its market reach?

The company plans to engage with social media influencers to enter emerging global markets.

I3 INTERACTIVE INC

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