CSE New Listing - New Wave Esports Corp. Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2019) - New Wave Esports Corp. (CSE: NWES) is one of the latest new listings on the Canadian Securities Exchange, following a reverse takeover of Trueclaim Exploration, which previously traded on the TSX Venture Exchange. New Wave Esports is an acquisition, investment, and technology development company with the goal of elevating the entire industry of esports and competitive gaming.
For more information, please view the InvestmentPitch Media "video" which provides additional information on the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "New Wave" in the search box.
Cannot view this video? Visit:
www.investmentpitch.com/video/0_bvmpmulb/New-Listing-New-Wave-Esports-Corp-CSENWES
The company provides capital and support services to esports companies, organizations, teams, leagues, events, platforms, and technology. New Wave Esports acquires or invests in esports-focused companies to optimize businesses and increase their profitability, as well as create synergies within its portfolio of companies. The company also provides advisory services to portfolio companies in exchange for additional equity and/or options.
According to a report by Newzoo, the leading global provider of games and esports analytics, global esports revenues will hit $1.1 billion in 2019, up 27 percent since last year amid ballooning revenues from advertising, sponsorship and media rights to competitive video gaming. Industry revenues from sponsorship at $457 million, showed the biggest gains, an increase of 34.3% year over year.
Highlights of the company's portfolio include: Even Matchup Gaming, an events company bringing esports to the masses through over 80 annual events, Tiidal Gaming, an Esports organization that owns and operates Canada's premier esports team Lazarus, one of the highest-grossing teams in the world, and PlayLine, a daily fantasy sports betting platform.
Through its wholly owned subsidiary, Thunderbolt CDG, the company has expertise in software applications and technology development, which it is presently marketing to clients with the goal of developing tools and solutions in the near future to meet the growing needs of the esports industry.
Daniel Mitre, CEO and Managing Partner, stated: "We are proud of this milestone for New Wave Esports as we open the doors to the public, allowing fans, players, associated organizations, and communities from around the world to invest in the esports and competitive gaming industry. We've built a strong portfolio of quality companies led by professional teams who are paving the way for new heights in esports. As we move forward, growth and expansion of New Wave Esports will bring new opportunities within capital markets and will continue to contribute to an industry we are passionate about."
New Wave Esports is currently identifying and evaluating new opportunities on an ongoing basis and has been generating investment and advisory prospects from investment banks, industry contacts, and various industry conferences that management has been attending or sponsoring.
For more information, please visit the company's website www.NewWaveEsports.com, contact Daniel Mitre, CEO, by email at dmitre@NewWaveEsports.com.
About InvestmentPitch Media
InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community.
The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors. For more information please watch this video.
CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49218
