Score Media to list six million more shares on TSX

Score Media to list six million more shares on TSX

2021-02-25 23:30 ET - Prospectus Approved

The Toronto Stock Exchange reports that Score Media and Gaming Inc. will list an additional six million Class A subordinate voting shares at the open on March 1, 2021. According to the TSX, the listing will cover shares to be issued at $27 (U.S.) per share, pursuant to the terms of the prospectus supplement dated Feb. 24, 2021, to the company's short form base shelf prospectus dated Jan. 7, 2021.

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2021-03-01 07:52 ET - In the News

The Globe and Mail reports in its Monday edition that Rivalry, a Canadian e-sports betting platform, has raised $20-million (U.S.) in a round of financing as it pursues a stock exchange listing this year. 

The Globe's Jaren Kerr writes that Steven Salz, the 30-year-old co-founder of Rivalry's parent company PMML Corp., did not disclose who financed the round, but said institutional funds from Canada, the U.S., Europe and Australia participated, along with a major gambling operator in Australia.

 Mr. Salz said that Rivalry aims to be on a Canadian stock exchange in the first half of 2021. Founded in 2017, Rivalry offers betting on e-sports and traditional sports on its platform aimed at the youngest millennials and members of Generation Z. Rivalry is what upstart brokerage "Robinhood is to TD Ameritrade or Charles Schwab" in the world of on-line sports betting, according to Mr. Salz. 

The company's offices are in Canada, but it has not taken a single bet from a Canadian customer because of licensing regulations. 

A focus on e-sports differentiates Rivalry from British-based Bet365, or Canadian counterpart theScore, but Mr. Salz expects traditional sports betting to become their company's main business in about a year.

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Globe says Cannabis rivals hear new drug laws favoured : Organigram Holdings Inc (C:OGI)

 Globe says Canopy, rivals hear new drug laws favoured

Canopy Growth Corp (C:WEED)
Shares Issued 375,835,246
Last Close 2/23/2021 $44.41
Wednesday February 24 2021 - In the News

Also Organigram Holdings Inc (C:OGI) In the News
Also Cronos Group Inc (C:CRON) In the News
Also Aurora Cannabis Inc (2) (C:ACB) In the News
Also Aphria Inc (C:APHA) In the News

The Globe and Mail reports in its Wednesday edition that a majority of Canadians support the decriminalization of illicit drugs as part of the response to escalating drug deaths. The Globe's Andrea Woo writes that Angus Reid Institute surveyed 5,003 Canadian adults on their views and experiences relating to "Canada's other epidemic," as well as interventions they support to combat it, releasing its findings on Wednesday. It found that 59 per cent of respondents nationally -- a majority in every province except Saskatchewan and New Brunswick -- favoured removing criminal penalties for possessing small amounts of illicit drugs. British Columbia had the highest level of support, at 66 per cent. Only 45 per cent and 49 per cent of respondents in Saskatchewan and New Brunswick supported decriminalization. The survey was conducted Nov. 12 and 16. Support for drug decriminalization has gained momentum as record overdose deaths put pressure on governments to explore all options. Vancouver is in talks with Health Canada about decriminalizing on its own, while B.C. inquired this month about doing so provincially. Cities including Victoria, Toronto and Montreal have asked Ottawa to take action federally.

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