October 3, 2022

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React Gaming announces repricing of warrants

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MONTREAL, June 03, 2022 (GLOBE NEWSWIRE) — React Gaming Group Inc. (“React Gaming” or the “Corporation”) (TSXV: RGG, OTCMKTS: ITMZF) is pleased to announce that it has received the approval from the TSX Venture Exchange to amend the exercise price of the existing common share purchase warrants (the “Warrants”) representing the right to purchase up to 10,007,000 common shares of the Corporation (each, a “Share”). The Warrants were issued from an automatic conversion of the subscription receipts offering dated as of February 18, 2022 and will expire on February 18, 2023 (the “Expiry Date”). The Warrants’ exercise price will be amended from $0.90 per Share to $0.53 per Share until the Expiry Date.

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About React Gaming Group
React Gaming Group (formerly known as Intema Solutions Inc.) (TSXV: RGG) is a publicly traded holding company that stands at the forefront of the esports and iGaming industry. By investing in innovative technologies that enhance tournaments, teams, and wagering, we provide our users with gaming platforms that produce non-stop action, exciting outcomes, and unparalleled enjoyment. Through the use of intelligent data, we also connect our sponsors to robust communities within the rapidly evolving industry, ensuring maximum engagement and substantial reward. For more information, please visit us at reactgaming.ca and follow us on LinkedIn, Twitter, Instagram and YouTube.

Forward-Looking Statements
This news release may contain “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”,…

GlobeNewswire

2022-06-03 19:01:53

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