Cease Trade Order Issued for TGS Esports Inc.
Cease Trade Order Issued for TGS Esports Inc.
A copy of the Order has been posted on the BCSC's website at: https://www.bcsc.bc.ca/enforcement/early-intervention/cease-trade-orders. VANCOUVER, BC, Nov. 4, 2021 /PRNewswire/ - TGS Esports Inc. ("TGS" or the "Company") (TSXV: TGS) (OTCQB: TGSEF) (FRA: 5RH) announces that the British Columbia Securities Commission (the "BCSC") has issued a Cease Trade Order (the "CTO") as a result of the Company's failure to file its audited financial statements for its year ended June 30, 2021 and related management's discussion and analysis (collectively, the "Annual Filings") by October 28, 2021, being the date that such filings were due under applicable Canadians securities law requirements.
公元前温哥華，2021年11月4日/美通社/-TGS電子競技公司(“TGS“或”公司“)(多倫多證券交易所股票代碼：TGS)(場外交易市場代碼：TGSEF)(法蘭克福證券交易所股票代碼：5RH)宣佈，不列顛哥倫比亞省證券委員會(The”The“)BCSC“)已發出停止貿易令(”CTO)由於本公司未能提交其截至2021年6月30日的年度經審計的財務報表，以及相關管理層的討論和分析(統稱為年度提交文件“)由2021年10月28日根據適用的加拿大證券法要求，這是此類申請的截止日期。
The cause of the delay is not material to the Company or its operations and is primarily due to the accounting treatment of the previously announced acquisitions of Pepper Esports, Volcanic Media, Even Matchup Gaming, and strategic investment in Mountain Side Games.
延遲的原因對公司或其運營並不重要，主要是由於之前宣佈的對Pepper eSports、火山媒體、甚至Matchup Gaming的收購的會計處理，以及對Mountain Side Games的戰略投資。
Revocation of the CTO is expected to occur shortly after the filing of the required Annual Filings, at which time TGS's common shares will resume trading on the TSX Venture Exchange.
CTO的撤銷預計將在提交所需的年度申報文件後不久發生，屆時TGS的普通股將在多倫多證券交易所創業交易所恢復交易。
A copy of the Order has been posted on the BCSC's website at: https://www.bcsc.bc.ca/enforcement/early-intervention/cease-trade-orders.
該命令的副本已張貼在英國公務員制度委員會的網站上，網址為：https://www.bcsc.bc.ca/enforcement/early-intervention/cease-trade-orders.。
About TGS Esports Inc.
TGS電子競技公司簡介
TGS partners with Fortune 500 brands, schools, and tournament organizers to build out their esports community via tournaments, broadcast production, and events. TGS has commercialized an esports solution that allows brands and gamers to interact on its end to end platform. The combination of TGS esports event expertise and next generation software creates an unparalleled esports experience that allows sponsors and brands to reach their desired gaming demographic.
TGS與財富500強品牌、學校和錦標賽組織者合作，通過錦標賽、廣播製作和活動建立他們的體育社區。TGS已經將ESPORTS解決方案商業化，允許品牌和遊戲玩家在其端到端平臺上互動。TGS ESPORTS賽事專業知識和下一代軟件的結合創造了無與倫比的ESPORTS體驗，使贊助商和品牌能夠接觸到他們想要的遊戲人羣。
On behalf of the Board of Directors
Spiro Khouri, CEO
TGS Esports Inc.
我謹代表董事會斯皮羅·庫裏(Spiro Khouri)，首席執行官TGS電子競技公司
Disclaimer for Forward-Looking Information
對前瞻性信息的免責聲明
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include the following: the anticipated timing for filing the Annual Filings; the anticipated timing of the BCSC's review in with respect to the revocation of the CTO; the anticipated timing of the revocation of the CTO; the unknown magnitude and duration of the effects of the COVID-19 pandemic on the Company and other risks that are customary to reviews of this nature. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
本新聞稿中的某些陳述是前瞻性陳述，反映了管理層對公司的期望。前瞻性陳述由非純粹的歷史性陳述組成，包括任何有關對未來的信念、計劃、期望或意圖的陳述。這類陳述會受到風險和不確定因素的影響，這些風險和不確定因素可能會導致實際結果、業績或發展與陳述中包含的內容大不相同，包括與公司無法控制的因素有關的風險。這些風險包括：提交年報的預期時間；英國證監會就撤銷首席技術官進行審查的預期時間；撤銷首席技術官的預期時間；新冠肺炎疫情對公司影響的未知程度和持續時間；以及此類審查中常見的其他風險。不能保證前瞻性陳述中預期的任何事件都會發生，或者如果發生了，公司將從中獲得什麼好處。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所創業板政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE TGS Esports Inc
來源：TGS電子競技公司
譯文內容由第三人軟體翻譯。
