VANCOUVER, BC, Sept. 13,
2024 /CNW/ - ESE Entertainment Inc. (TSXV:
ESE) (OTCQB: ENTEF) ("ESE" or the "Company"), a
gaming company that provides a range of services to leading video
game developers and publishers, is pleased to announce the
appointment of Ryan Maarschalk B.Sc,
CPA, as a Director of the Company.
About Mr. Maarschalk
Mr. Ryan Maarschalk was
previously a Director of ESE Entertainment, after its initial
public listing and subsequent valuation growth. He brings over two
decades of leadership experience across both private and public
sectors. His career includes roles as a director and executive,
providing strategic financial oversight for numerous organizations.
Mr. Maarschalk previously served with Crowe MacKay LLP for four
years, and for the past nine years, he has operated his own firm,
specializing in CFO services for a range of industries. A former
NCAA tennis athlete, Mr. Maarschalk holds a degree in Biomedical
Science from Western Michigan
University and is a Chartered Professional Accountant (CPA).
His comprehensive financial expertise and business acumen make him
a valuable asset to ESE as it continues to evolve and expand.
"I am thrilled to rejoin the ESE Board of Directors and
collaborate once again with Konrad and the talented ESE team.
During my previous tenure, we achieved remarkable growth, and I'm
excited to contribute to the company's next phase of development.
I'm reenergized and eager to add value and support wherever I can.
I look forward to building on our past successes and driving ESE
toward new milestones." Commented Ryan
Maarschalk, Director of ESE.
"We are very pleased to welcome Ryan back to our board of
directors. He was previously on the board of ESE Entertainment
during its public listing, a period in which the company achieved
significant milestones, including a peak valuation of over
$4 per share. His deep understanding
of the company, along with his strategic insight, will be
invaluable as ESE enters its next phase of growth and innovation"
commented Konrad Wasiela, Chief
Executive Officer of ESE.
In connection with Mr. Maarschalk's appointment, the Company has
granted Mr. Maarschalk 250,000 incentive stock options (the
"Options"), with each Option exercisable at $0.11 per share for two years from the date of
grant, in accordance with the terms of the Company's equity
incentive plan. The Options are subject to a 4 month hold period
from the date of grant and to TSX Venture Exchange approval.
Concurrently, Ron Segev has
stepped down as a Director of the Company. ESE would like to extend
its sincere gratitude to Ron Segev
for his valuable contributions and dedication during his tenure as
a Director, and wish him continued success in his future
endeavors.
ESE Entertainment Inc.
Konrad
Wasiela
Chief Executive Officer and Director
+1 (437) 826-4012
About ESE Entertainment Inc.
ESE is a global technology company focused on gaming. The
Company provides a range of services to leading video game
developers, publishers, and brands by providing technology,
infrastructure, and fan engagement services internationally. ESE
also operates its own ecommerce channels, esports teams, and gaming
leagues. | www.esegaming.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains certain statements that may
constitute forward-looking information under applicable securities
laws. All statements, other than those of historical fact, which
address activities, events, outcomes, results, developments,
performance or achievements that ESE anticipates or expects may or
will occur in the future (in whole or in part) should be considered
forward-looking information. Such information may involve, but is
not limited to, statements with respect to: Mr. Maarschalk's
expected contributions to the Company; ESE's next phase of growth
and innovation; and approval of the grant of Options from the TSX
Venture Exchange. Often, but not always, forward-looking
information can be identified by the use of words such as "plans",
"expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "believes" or variations
(including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results "may", "could", "would", "might" or
"will" (or other variations of the forgoing) be taken, occur, be
achieved, or come to pass. Forward-looking information is based on
currently available competitive, financial and economic data and
operating plans, strategies or beliefs as of the date of this news
release, but involve known and unknown risks, uncertainties,
assumptions and other factors that may cause the actual results,
performance or achievements of ESE to be materially different from
any future results, performance or achievements expressed or
implied by the forward-looking information. Such factors may be
based on information currently available to ESE, including
information obtained from third-party industry analysts and other
third-party sources, and are based on management's current
expectations or beliefs regarding future growth, results of
operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is
expressly qualified by this cautionary statement. Trading in the
securities of ESE should be considered highly speculative.
Neither the 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.
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SOURCE ESE Entertainment Inc.
