Gamelancer Media Corp. (CSE:GMNG, OTCQB:GAMGF) announced that it will commence trading on the Toronto Stock Exchange (TSX) on Wednesday, July 19, under the ticker symbol “GMNG.”
Uplisting to the TSX will unlock new merger and acquisitions (M&A) opportunities, increase investor confidence, and allow the company to expand its United States client base, the company said.
"Gamelancer's listing on the TSX is part of a broader strategy to expand our shareholder base to include a larger institutional, family office, and retail participants," Gamelancer CEO Jon Dwyer said.
“Our presence on a senior exchange positions Gamelancer as a creative plus distribution partner for global brands and agencies, capable of hyper-scaling video inventory according to their demand.”
In conjunction with the uplisting, the company announced the appointment of JF Cote as lead director of its board of directors.
Cote’s extensive experience and strategic insight will play a crucial role in advising management and the board during this transformative phase, Gamelancer noted.
"With the appointment of JF Cote as lead director, we have added strong oversight to help us diagnose M&A plus organic growth opportunities,” CEO Dwyer commented in a statement.
The company will delist its shares from the Canadian Securities Exchange at the end of the trading day on Tuesday, July 18, ahead of its TSX debut the next morning.
It told shareholders that no action was required on their part regarding the uplisting. There will be no changes to the Committee on Uniform Securities Identification Procedures numbers for its shares and investors will not be asked to exchange their share certificates.
Gamelancer is a media and entertainment company producing short-form video content for brands, broadcast on its owned and operated TikTok, Snapchat, and Instagram channels. The company produces and distributes content across its 54 owned-and-operated channels to over 41 million followers and subscribers, generating over 2 billion monthly video views and growing by over 1.5 million new followers monthly.
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