X1 Leisure Group Inc. (CSE:XONE; OTCQX: XOEEF; FSE: ZI0) (“X1” or the “Firm”) declares that it has entered into an asset buy settlement (the “APA”), pursuant to which the Firm has bought, as of rapid impact, all property associated to ShiftRLE (the “Transaction”). ShiftRLE is an internet rocket league group, which has included the property of beforehand acquired Octane.gg, to type an up to date consumer expertise on shiftrle.gg. The purchasers are the prior homeowners of ShiftRLE, and the first service suppliers to the Firm in respect of the operations of ShiftRLE. In reference to the Transaction, the purchasers have happy the acquisition worth by forgoing any rights to termination funds or in any other case in reference to their consulting agreements with X1, for an combination worth to the Firm of US$35,250.
X1 Leisure Group Inc. is a portfolio firm focusing on property throughout the gaming, esports, media, and leisure industries, and at the moment holding X1 Expertise, a boutique expertise administration group for digital content material creators. Based mostly in Vancouver, BC, the Firm is publicly traded on the Canadian Securities Change underneath the ticker image (CSE:XONE).
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