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Gamesquare Secures Us $5.0 Million Credit Facility

Jun 30, 2022•about 3 years ago

Amount Raised

$5 Million

FriscoInformation Technology

Description

TORONTO, ON / June 30, 2022 / GameSquare Esports Inc. (CSE:GSQ)(OTCQB:GMSQF)(FRA:29Q1) ("GameSquare", or the "Company"), announces the closing of its previously announced $5.0 million revolving loan facility (the "Credit Facility"). The Credit Facility provides GameSquare with access to capital in addition to its current cash on hand as the Company continues its path to profitability while investing in growth and illustrates the strong support that the Company has from its largest shareholders, Goff Capital and the Jones Family, the owners of the Dallas Cowboys.

Company Information

Company

GameSquare

Location

Frisco, Texas, United States

About

GameSquare’s (NASDAQ:GAME) mission is to revolutionize the way brands and game publishers connect with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences. Our next-generation media, entertainment, and technology capabilities drive compelling outcomes for creators and maximize our brand partners’ return on investment. Through our purpose-built platform, we provide award-winning marketing and creative services, offer leading data and analytics solutions, and amplify awareness through FaZe Clan, one of the most prominent and influential gaming organizations in the world. With one of the largest gaming media networks in North America, as verified by Comscore, we are reshaping the landscape of digital media and immersive entertainment. GameSquare’s largest investors are Dallas Cowboys owner Jerry Jones and the Goff family.

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