Sep 25, 2017, FDMSF, FDM,
OTC Disclosure & News Service
Vancouver, BC, Canada –
FanDom Sports Media Closes Private Placement for Gross Proceeds of $410,000
CSE: FDM
OTC: FDMSF
FRANKFURT: TQ42
Vancouver, British Columbia September 25, 2017, FanDom Sports Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) (FanDom Sports or the Company) announces that it has closed its private placement financing on Friday September 22nd and raised gross proceeds of $410,000 pursuant to the policies of the Canadian Securities Exchange (the Exchange or the CSE). FanDom Sports will issue 4,100,000 Units (the Units) at $0.10 per Unit. Each Unit consists of one common share and one warrant. Each warrant is exercisable at $0.15 per common share until September 21, 2019 (the Private Placement). All common shares and warrants issued pursuant to the Private Placement may not be transferred until January 23, 2018.
Proceeds of the Private Placement will be for general working capital purposes and the build out of a specialized Android operating system technology team. There were no brokerage, underwriting or Finders Fees issued as compensation in association with this Private Placement.
About FanDom Sports Media Corp.
FanDom Sports App – Fight with your thumbs, not your fists!
The FanDom Sports App is a comprehensive mobile sports experience, giving the sports fan a front row seat to the hottest debates in sports. All day, every day. The one thing that sports fans love more than watching their favorite sport is arguing about the game and the athletes.
FanDom Sports Media Corp. is an aggregator, curator and producer of unique fan-focused content offered on a category-specific, social network and delivered through the FanDom Sports Media mobile app. We tap into the passion of fans by providing an engaging social platform for the world’s most enthusiastic sports fans to share, compare, moan, whine, gloat and trash talk about the sports, teams, players, fans and owners they love, hate and love to hate. Our unique approach blends curated content with user-generated content while providing access to athletes and celebrities both on-line and at local sponsored events.
You may also visit the Companys website at www.fandomsportsmedia.com or contact us directly at info@fandomsportsmedia.com
On Behalf of the Company
Henri Holm
Henri Holm, CEO & President
For additional Information:
Chief Operating Officer
Allen S. Ezer
Tel: 416-453-7798.
Email: allen@fandomsportsmedia.com
DISCLAIMER:
The CSE has not reviewed and does not accept responsibility for the adequacy and accuracy of this information. This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors and uncertainties, many of which are beyond the Companys control. Some of these risks and uncertainties may be described in the Companys corporate filings (posted at www.sedar.com).
The Company has no intention or obligation to update or revise any forward-looking statements due to new information or events.
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