New Wave Esports completes reverse takeover transaction and listing on the Canadian Securities Exchange

October 24, 2019

On October 24, 2019, New Wave Esports Corp. (formerly Trueclaim Exploration Inc.) (“New Wave Esports” or the “Company”) completed its reverse takeover transaction with New Wave Holdings (BC) Corp. (“NW”). New Wave Esports Corp. will carry on the business of NW, which has amalgamated with a wholly owned subsidiary of the company. The Company’s common shares and warrants have commenced trading on the Canadian Securities Exchange under the ticker “NWES” and “NWES.WT”.

New Wave Esports is a public esports and competitive gaming company that provides capital and support services to esports organizations, teams, leagues, events, platforms, tools, and technology innovators.

Miller Thomson advised New Wave with a team comprising of Alexander Lalka, Abid Ahmed, Paul Dimerin and Kathy Tang (Corporate M/A, Capital Markets & Securities).