Playmaker Capital Inc. Announces Option Grant and Top-Up Payment

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TORONTO — Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker” or the “Company”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media and technology brands, has announced that it had granted 400,000 of Playmaker’s common stock options (the “Options”) to one of its directors under the Company’s Omnibus Equity Incentive Plan. 25% of the options vest on the first anniversary of the grant date, with the remaining options vesting in 1/48 increments on each monthly anniversary thereafter. The options were granted at an exercise price of C$0.58 and expire 10 years from the date of grant.

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The Company also announced that in connection with its previously announced acquisition of Futbol Sites on April 1, 2021, the Company settled part of the additional consideration with a payment of USD 6,250,000 to the sellers. The earn-out was satisfied by a cash payment of US$4,559,812 and the issuance of 3,765,950 common shares of Playmaker (the “Earn-out Shares”). The Additional Shares were issued at a deemed price of C$0.5719, which represents the volume-weighted average trading price for the twenty trading days ended April 29, 2022.

TSX VENTURE EXCHANGE DISCLAIMER
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 release.

ABOUT PLAYMAKER
Playmaker Capital Inc. (TSX-V: PMKR; OTC: PMKRF) is a digital sports media company that lives at the intersection of sports, betting, media and technology. Playmaker is building a premier collection of sports media brands, curated to deliver a highly engaged audience of sports fans to sports betting companies, leagues, teams and advertisers.

For more information visit: playmaker.fans or contact Playmaker General Manager Jordan Gnat via email [email protected] | Such. : 416-815-4993

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220519005734/en/

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Derek Holota – E: [email protected] | Such. : (+1) 343-422-5606

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