GMSQF - GMSQF STOCK NEWS

GameSquare Esports Inc. announced the results of its annual shareholder meeting held on June 21, 2022. Key resolutions included the election of directors, appointment of auditors, and approval of a new class of Proportionate Voting Shares (PVS). A 4-for-1 consolidation of existing common shares was also approved. Shareholder votes saw significant support for these measures, impacting ownership structures, particularly for Goff Capital and Blue & Silver Ventures. Following the meeting, Mr. Goff and Blue & Silver converted shares into PVS, impacting their voting power.

Gamesquare Esports Inc. is hosting TimTheTatman's Tailgate, a two-day gaming and music festival on July 16-17 at Ford Center in Frisco, Texas. The event features performances from Kane Brown, Mitchell Tenpenny, DJ Arty, and others. Fans can participate in activities like a $100,000 Fortnite tournament and a $25,000 car show. CEO Justin Kenna highlights the integration of gaming and pop culture, aiming to create a unique experience for attendees. More details can be found on the official website.

Gamesquare Esports Inc. (OTCQB:GMSQF) will participate in the Collision 2022 Conference in Toronto from June 20-23, 2022. CEO Justin Kenna will speak with NFL player Leonard Fournette and TSN host Marissa Roberto on The perfect match: How gaming connects athletes to next-gen fans on June 22 at 1:50 PM ET. The event anticipates over 33,000 attendees, showcasing 600 presenters and attracting over 850 investors from 40 countries. Gamesquare aims to expand its audience and investor base while leading in the convergence of sports, gaming, and esports.

GameSquare Esports Inc. (CSE:GSQ)(OTCQB:GMSQF) will present at the LD Micro Invitational XII on June 7, 2022, at 4:00 PM PT (7:00 PM ET). CEO Justin Kenna and President Kevin Wright will discuss the company's first quarter performance and provide revenue guidance exceeding 100% growth over 2021. The conference runs from June 7-9, with live streaming available. GameSquare aims to enhance its competitive edge in the growing esports industry and will hold 1x1 meetings with investors during the event.

GameSquare Esports reported a significant revenue increase to $5.04 million for Q1 2022, up from $820,129 in Q1 2021. The Agency services segment contributed $2.99 million, while the newly launched Fourth Frame Studios generated $122,500. Despite this growth, the company faced a net loss of $3.99 million and has adjusted its revenue guidance for 2022 to between $23.5 - $25 million. The company secured new sponsorships and expanded its partnerships, aiming for profitability amidst a robust sales pipeline.

GameSquare Esports Inc. (CSE:GSQ; OTCQB:GMSQF) has successfully closed the first tranche of its C$3.0 million private placement, raising C$2.8 million. This funding demonstrates strong support from major shareholders, including Goff Capital and the Jones Family. The investment allows GameSquare to pursue growth objectives and advance its business. The company issued 20,040,429 common shares at C$0.14 each, subject to a four-month hold period. Following the investment, Goff Capital now controls approximately 20.69% of outstanding shares, indicating increased insider ownership.

Gamesquare Esports Inc. (OTCQB:GMSQF) announces the renewal of Dairy MAX as the Official Nutrition Partner of Complexity Gaming. This partnership includes Cut+Sew as the creative agency, focusing on innovative activations aimed at promoting dairy consumption. With over 220 million users across its social and media networks, Gamesquare is committed to enhancing esports player performance through nutrition education. The initiative involves research with Texas A&M University to study the impact of nutrition on gamers, with findings expected later this year.

GameSquare Esports Inc. (CSE:GSQ)(OTCQB:GMSQF) plans to announce its Q1 2022 financial results on May 31, 2022. The conference call is set for 8:00 am ET and will include operational updates regarding recent acquisitions and initiatives aimed at enhancing profitability. Hosted by CEO Justin Kenna and President Kevin Wright, shareholders and media are invited to join the webcast. The company, based in Toronto, focuses on acquiring assets within the gaming and esports sectors and operates several subsidiaries, including Complexity Gaming and Code Red Esports.

GameSquare Esports Inc. and Complexity Gaming have extended their partnership with the U.S. Army's Family and Morale, Welfare and Recreation (MWR) to host the 2022 Soldier Showdown tournament series, scheduled from May 28 to October 29, 2022. This partnership aims to double participation from the previous year by over 50%. GameSquare plans to enhance customer offerings and attract more sponsors throughout 2022. CEO Justin Kenna emphasizes the partnership's value in fostering camaraderie among active-duty military personnel.