Engine gaming completes shares for debt settlement

New york, ny / accesswire / march 23, 2023 / engine gaming and media, inc. (game) ("engine" or the "company") (nasdaq:game)(tsxv:game) announces that further to its press release dated february 15, 2023 it has completed its shares for debt transaction whereby an aggregate of us$305,137 of the company's outstanding debt was extinguished by way of the issuance of 200,000 common shares in the capital of the company (the "shares") at a deemed price of us$1.525 (cdn$2.04) per share. the company has also issued 100,000 common shares to fully settle an outstanding litigation matter.
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