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BIG DEAL: Enthusiast Gaming completes oversubscribed non-brokered private placement of convertible debenture units

Nov 16, 2018

Minden Gross LLP congratulates Enthusiast Gaming Holdings Inc. (TSXV: EGLX) on completing an oversubscribed non-brokered private placement of convertible debenture units with a total gross proceeds of $9 million.

The financing will provide additional capital for the company to complete significant acquisitions and build its dynamic executive team with industry leaders.

Enthusiast is the fastest-growing online community of video gamers. It has a platform of over 70 owned and affiliated websites and currently reaches over 75 million monthly visitors with its unique and curated content. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo.

Minden Gross LLP acted for Enthusiast in this big deal with a team lead by Yosef Adler (Partner) – Business Law with  Andrew Elbaz (Partner) – Securities and Capital Markets, David Judson (Partner) – Business Law, and Jessica Thrower (Associate) – Business Law.

Read the Enthusiast Gaming Holdings media release here: https://www.enthusiastgaming.com/enthusiast-gaming-closes-oversubscribed-non-brokered-private-placement-of-convertible-debenture-units-for-9-million/

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