Good Gamer closes $200,040 private placement

Executive Summary

• Good Gamer Entertainment Inc. has closed its previously announced non-brokered private placement.
• The company issued 3,334,001 units at $0.06 per unit, raising gross proceeds of $200,040.06.
• Proceeds are designated for general working capital, and the transaction remains subject to final TSX Venture Exchange approval.

Key Details

• Transaction Structure: Non-brokered private placement.
• Units Issued: 3,334,001 units.
• Price Per Unit: $0.06.
• Gross Proceeds: $200,040.06.
• Unit Composition: Each unit consists of one common share and one transferable common share purchase warrant.
• Warrant Terms: Each warrant allows the purchase of one common share at $0.08 per share for a period of 24 months from the closing date.
• Use of Proceeds: General working capital.
• Finder’s Fee: $800 in cash and 53,333 finder warrants paid to an arm's-length finder.
• Finder Warrant Terms: Exercisable to acquire one common share at $0.08 per share for 24 months from closing, on the same terms as the investor warrants.
• Regulatory Status: Subject to acceptance by the TSX Venture Exchange; final approval pending.
• Hold Period: All securities (including finder warrants) are subject to a statutory hold period of four months and one day, expiring on October 31, 2026.