/NOT FOR DISSEMINATION IN THE
UNITED STATES
OR FOR DISTRIBUTION TO UNITED STATES WIRE
SERVICES/
TORONTO, Dec. 4, 2020 /CNW/ - PopReach Corporation
("PopReach" or the "Company") (TSXV: POPR) (OTCQX:
POPRF) announced today that further to the previously-announced
closing of its non-brokered private placement with New Insight
Incentive Plan Company ("New Insight"), a 100% owned
subsidiary of eWTP Tech Innovation Fund LP, $825,000, representing the proceeds from the
private placement that closed in trust, has now been released to
the Company and an additional 1,145,833 common shares have been
issued to New Insight.
The common shares have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold
in the United States absent
registration or an applicable exemption from the registration
requirements. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there be any
sale of the common shares in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
About PopReach Corporation
PopReach, a Tier 1 Issuer on the TSX Venture Exchange, with
shares also trading on OTCQX® Best Market, is a free-to-play mobile
game publisher focused on acquiring and optimizing proven game
franchises. The Company has acquired 12 successful game franchises
competing mainly in the North American game market, including
Smurfs' Village (IP under license), Kitchen Scramble,
Gardens of Time, City Girl Life, War of
Nations and Kingdoms of Camelot. The Company's games are
enjoyed by over 1.2 million unique players a month. PopReach,
headquartered in Toronto, employs
a team of over 120 experts in Toronto, Vancouver, and Bangalore.
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.
SOURCE PopReach Corporation