TORONTO, ONTARIO, January 23, 2019– Enthusiast Gaming Holdings Inc. (“Enthusiast” or the “Company”) (TSXV: EGLX ) (OTCQB: EGHIF), a digital media company building the largest community of authentic gamers, is pleased to announce that the Company’s common shares will commence trading today on the OTCQB Venture Market (“OTCQB”), under the symbol “EGHIF”. The Law Firm of Burns Figa & Will PC acted as the Company’s sponsor. Enthusiast’s common shares continue to trade on the TSX Venture Exchange under the symbol “EGLX”.
“Listing on the OTCQB Venture will enhance our liquidity by giving us access to the US investor capital pool.” Commented Menashe Kestenbaum, CEO of Enthusiast. “Currently, over half of our network traffic is generated from the US and many of our key partners and affiliates are US based, therefore, listing on the OTCQB is an exciting next step in our long-term expansion strategy.”
The OTCQB is a well-established American financial marketplace for international entrepreneurial and development stage companies. The market offers listed companies the opportunity to diversify their shareholder base with increased liquidity and brand visibility, while maintaining a high level of transparent trading, annual verification and continuous regulation for US investors.
Real-time quotes and market information on the Enthusiast are available at www.otcmarkets.com/stock/EGHIF/overview
Founded in 2014, Enthusiast is the fastest-growing online community of video gamers. Through the Company’s unique acquisition strategy, it has a platform of over 80 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, EGLX, (www.eglx.ca), with over 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
Head, Investor Relations & Marketing