Issuer: X1 Entertainment Group
/ Key word(s): Strategic Company Decision/Mergers & Acquisitions
X1 Entertainment Group Announces Update on Recent Commercial Progress
This news release is not for distribution to U.S. newswire services for dissemination in the United States.
Vancouver, BC – January 3, 2023 – X1 Entertainment Group Inc. (“X1” or the “Company”) (CSE: XONE – OTCQB: XOEEF – WKN: A3DQM2), a video games and media portfolio company, is pleased to provide a corporate update on recent commercial progress with its wholly-owned subsidiaries, Tyrus LLC, a leading social media influencer management firm, and with ShiftRLE, a leading news and statistics destination for fans of the popular video game, Rocket League.
“Our focus in 2022 has been on the integration and growth of our acquisitions.”, said the Company’s CEO, Mark Elfenbein. “With Tyrus LLC, which was renamed to X1 Talent Corp., the core strategy has been to grow the talent roster and international brand clients that partner with X1 talent to promote their newest and hottest products. With ShiftRLE which has a fast-growing social media audience on Twitter, the core strategy has been to launch a new web destination experience at www.ShiftRLE.gg for Rocket League fans which recently debuted in November.”
Notable brand campaigns engaged with X1 Talent over the previous 90 days include:
Key recent highlights on Shift:
About X1 X1 Entertainment Group Inc. is a diversified portfolio company with assets across the gaming, esports, media, and entertainment industries. Based in Vancouver, BC, X1 is publicly traded on the Canadian Securities Exchange under the ticker symbol (CSE: XONE).
For more information on the Company, visit www.x1ent.com or email info@x1ent.com.
On behalf of the Company
About this press release:
Cautionary Statement Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the words “will”, “intends” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.
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