Mr. Charlo Barbosa, a shareholder, reports
CHARLO BARBOSA ACQUIRES SECURITIES OF GOOD GAMER ENTERTAINMENT INC.
On Oct. 15, 2021, Charlo Barbosa, directly and indirectly, acquired the following securities from the company: (i) 8,487,598 common shares directly acquired by the acquiror and options to purchase 300,000 shares at an exercise price of 25 cents per share; (ii) 4,361,700 shares and 1.53 million share purchase warrants exercisable at $1 per share acquired by Market Jar Media Inc., a company controlled by the acquiror; (iii) 154,835 shares and 50,000 warrants acquired by Krak Media Inc., a company controlled by the acquiror; and (vi) 72,045 shares and 1.2 million options acquired by Mainstreamdollars Publishing Inc., a company controlled by the acquiror.
The acquisition resulted in the acquiror holding 30.78 per cent of the issued and outstanding common shares of the company on an undiluted basis and 35.46 per cent of the issued and outstanding common shares of the company on a partially diluted basis.
Immediately prior to the completion of the transactions set forth above, the acquiror did not own any securities of the company.
The deemed value of the shares is 40 cents per share. The acquisition by the acquiror of the shares, warrants and options of the company was made for investment purposes. The acquiror may increase or reduce his investment in the company according to market conditions or other relevant factors.
A copy of the applicable securities report filed in connection with the matters set forth above may be obtained on SEDAR under Good Gamer Entertainment.