Fantasy Aces Daily Fantasy Sports Corp.
TSX VENTURE : FAS

Fantasy Aces Daily Fantasy Sports Corp.

November 06, 2015 09:00 ET

Fantasy Aces Daily Fantasy Sports Corp. Commences Process of USA Quotation of Common Shares on OTCQX and Presents at The Presidents Club Investment Conference in the Bahamas

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 6, 2015) - Fantasy Aces Daily Fantasy Sports Corp. (the "Corporation" or "FantasyAces") (TSX VENTURE:FAS) is pleased to announce that it has decided to investigate an OTCQX quotation of its common shares (the "Shares").

"We are very excited to pursue a Fantasy Aces listing in the U.S.," says Tom Frisina, Chief Executive Officer of Fantasy Aces. "This should resonate very well with American investors. As the only pure-play DFS site on the market today, Fantasy Aces is the investor's only exclusive access to this multi-billion dollar market. A U.S. listing will allow us to share our story with an even bigger audience that understands the growth potential of this industry."

The process for quotation is subject to review and approval by the OTC Markets Group Inc., a US trading platform aimed at venture market companies. Management is confident that the application process will go smoothly and expects the process to be completed in late November or early December 2015. For now, Fantasy Aces is trading on the OTCPinks under the symbol "FASDF".

In addition, Fantasy Aces has received an exclusive invitation to speak at the The President's Club Investor Conference sponsored by The Globe and Mail in Nassau, Bahamas, November 6th to the 8th.

The President's Club is one of the biggest investment letters in Canada and has an excellent track record of value creation. The President's Club Newsletter is published by long-time Globe and Mail investment columnist Fabrice Taylor, CFA, who has been writing about small cap markets for 15 years, plus a small team of analysts. The President's Club is a joint venture with The Globe and Mail. The conference is expected to be very well attended by some of the top money managers and investors, so it will be an excellent opportunity for Fantasy Aces to showcase their company to a sophisticated audience. Details on speakers, schedule and registration can be found at http://presidentsclubconference.com/.

The Corporation also announces the issuance of 2,013,880 common shares of the Corporation at a price of $0.10 per share to Transcend Capital Corp. as payment of a finder's fee in connection with the completion of the business combination between the Corporation and Fantasy Aces, LLC that closed on September 30, 2015. The TSX Venture Exchange has granted final acceptance for the issuance of the common shares, which are subject to a four month hold period that expires on February 29, 2016.

About Fantasy Aces

Fantasy Aces is a leading DFS (Daily Fantasy Sports) site focused on every day skill based fantasy sports games. Fantasy Aces has developed proprietary software which allows users to create fantasy teams from the player rosters of actual sports leagues and then use their teams to compete against other users in various categories such as points scored, yards gained, goals, assists or home runs registered, depending on the specific sport. The FantasyAces.com website currently offers daily and weekly skill based fantasy sports games for six major North American sports, including the NFL, NBA, NHL, MLB, College Football and PGA. Fantasy Aces also offers a variety of entry fee contest options for its members to play, in addition to free roll tournaments to attract new members to the site. Fantasy Aces charges a management fee from all entry fees collected on the website.For further information on Fantasy Aces, please contact:

Reader Advisory

Certain information set forth in this news release contains forward-looking statements or information ("forward-looking statements"), including details about the quotation process on OTCQX and the timing thereof. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Corporation's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, environmental risks, operational risks, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although the Corporation believes that the expectations in its forward-looking statements are reasonable, its forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. Risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in our public disclosure documents available at www.sedar.com. Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, the Corporation does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

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 press release.

Contact Information

  • Fantasy Aces Daily Fantasy Sports Corp.
    Tom Frisina
    Chief Executive Officer
    (805) 565-7850
    tom@fantasyaces.com

    Fantasy Aces Daily Fantasy Sports Corp.
    Etienne Moshevich
    Investor Relations
    (604) 681-0084
    etienne@fantasyaces.com