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Torque Esports Announces Reinstatement Of Trading On TSX Venture

TORONTO , Feb. 26, 2020 /CNW/ -- Torque Esports Corp. (GAME.V) (MLLLF) ("Torque" or the "Company") announces that it has received approval from the TSX Venture Exchange ("TSXV") to recommence trading effective February 28, 2020.

(PRNewsfoto/Torque Esports Corp.)

On January 6th, 2020, the Ontario Securities Commission (the "OSC") issued a cease trade order (the "CTO") against the Company for failure to file certain continuous disclosure documents.  Subsequently, on January 7th, 2020 the TSXV suspended trading of the Company's shares.  The Company is pleased to report that the CTO was revoked by the OSC on February 24, 2020 , upon the Company having filed all outstanding documents.

More About Torque Esports

The company focuses on three areas - esports data provision, esport tournament hosting and esports racing.

Torque aims to revolutionize esports racing and the racing gaming genre via its industry-leading gaming studio Eden Games which focuses on mobile racing games and its unique motorsport IP, including World's Fastest Gamer (created and managed by wholly-owned subsidiary IDEAS+CARS, Silverstone UK). With simulator company AiS recently added – Torque offers gamers everything from Free to Play mobile games to the highest end simulators.

Building on the leading position of Stream Hatchet, a wholly-owned subsidiary, Torque also provides robust esports data and management information to brands, sponsors, and industry leaders. Its tournament organizing arm, UMG, has recently added a digital tournament platform to its portfolio of assets in its ever-growing ecosystem.

For more information, visit https://torqueesport.com/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Torque Esports Corp.

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