X1 Esports & Entertainment Ltd. Receives Transaction Approval

VANCOUVER, British Columbia, September 9, 2022 (GLOBE NEWSWIRE) — X1 Esports & Entertainment Ltd. (CSE: XONE) (“X1” or “Company), a gaming and media portfolio company, whose common stock (“stock”) is approved to trade on the OTCQB Venture Market.

On August 4th, 2022, we started trading OTC Pink. As of September 12, 2022, our shares will be upgraded to trade on his OTCQB under the ticker symbol “XOEEF”. Our shares will continue to trade on the Canadian Stock Exchange under the symbol ‘XONE’.

Mark Elfenbein, Chief Executive Officer of X1 Esports and Entertainment Ltd. commented: Our shareholder base. “

About X1
We are an esports portfolio company that owns and operates a growing esports franchise, RixGG. Our business consists of team video game competitions for cash prizes and activities incidental to such competitions, such as merchandising and organizing tournaments.

For more information about the company, please visit www.X1Esports.com or send an email to [email protected].

Mark Elfenbein, CEO
[email protected]

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking statements”). The use of the words “will”, “intend” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from those anticipated in the forward-looking statements. Undue reliance should not be placed on such forward-looking statements. The actual results achieved may differ from the information contained herein as a result of a number of known and unknown risks, uncertainties and other factors. Although we believe that the expectations reflected in these forward-looking statements are reasonable, there can be no assurance that these expectations will prove correct. We do not undertake to update these forward-looking statements, except as required by law.

Neither the Canadian Stock Exchange nor its market regulators (as that term is defined in the Canadian Securities Exchange Policy) take responsibility for the adequacy or accuracy of this release.

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