Vancouver, British Columbia–(Newsfile Corp. – May 6, 2020) – FANDOM SPORTS Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FSE: TQ43) (“FANDOM SPORTS” or the “Company”), is pleased to announce that it has appointed Mr. David Vinokurov as the Company’s President and Chief Executive Officer, effective immediately.
Mr. Vinokurov is an accomplished executive with more than 12 years of extensive business and corporate development experience from a variety of industries. Most recently, Mr. Vinokurov served in management consulting roles to a publicly traded social commerce company plus several fintech and blockchain-enabled payment companies. Mr. Vinokurov has directly contributed to the raising of tens of millions of dollars for start-up and small-cap companies.
“We welcome David and look forward to working with him as he brings a wealth of business and capital markets expertise that will help drive the continued success of Fandom Sports,” said Board Chair Philip Chen. “We are also excited by David’s proven ability to establish and nurture relationships with partners and sponsors, which will be a critical contribution as we rollout Fandom’s platforms for esports for all ages and the fantasy esports betting platform.”
“I am excited to be joining the team at Fandom Sports,” stated Mr. Vinokurov. “I look forward to the significant opportunities we have as Fandom’s platforms and technologies are uniquely positioned at the nexus of esports and Social Commerce. These platforms will create additional value for global brands that we partner with, increase the fun and engagement for esports fans, and help fuel shareholder returns.”
The Company wishes to announce that it has granted Mr. Vinokurov 400,000 options at a price of $0.32 in connection with his appointment. One-half of the options vest immediately and the remainder vests in 6 months. The Options have a five-year term.
About FANDOM SPORTS:
“PLAY. PREDICT. GET REWARDED.”
FANDOM SPORTS Media is an entertainment company that aggregates, curates and produces unique fan-focused content.
Fandom Esports Platform is all about micro-payments with Blaze blockchain technology that offers unbeatable speed and high industry adaptability. Because of its unparalleled speed and industry-defining structure. Using Blaze as a payment structure for Fandom Esports Platform will open up new micro transaction-based revenue opportunities for FANDOM SPORTS.
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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 Company’s control. Some of these risks and uncertainties may be described in the Company’s 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. This press release contains forward-looking statements about FANDOM SPORTS. Forward-looking statements may be identified by the use of words like “believe,” “expect,” “anticipate,” “estimate,” “plan,” “consider,” “project,” and similar references to the future. Forward-looking statements reflect FANDOM SPORTS’ good-faith evaluation of information available at the time the forward-looking statements were made. These forward-looking statements are subject to a number of risks and uncertainties, and our actual results may differ materially from those projected. Please refer to FANDOM SPORTS’ annual and quarterly reports filed on SEDAR for a full discussion of those risks and uncertainties we view as most important. Forward-looking statements are not, and should not be relied upon as, a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at or by which any such performance or results will be achieved. As a result, actual outcomes and results may differ materially from those expressed in forward-looking statements. We undertake no obligation to update or revise forward-looking statements.
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