Vancouver, British Columbia–(Newsfile Corp. – December 9, 2021) – Canadian Nexus Team Ventures Corp., (CSE: TEAM) (“Team” or the “Company”) through its media division subsidiary, Polar Bear Universal (“Media Co”), is pleased to announce that it has signed a Letter of Intent with Session Games.
The partnership with Session Games will bring to market an original mobile game on iOS and Android in 2022. Session Games is the leader of action sports on mobile with over 40 million downloads of its games with partners like Red Bull, Media House, and The International Ski Federation.
This initiative within Media Co will be backed by Andrew Murphy. Andrew brings a wealth of experience from over 21 years in the video game industry, working through 3 generations of console gaming at Microsoft and Electronic Arts on award winning franchises like SSX, Need For Speed and Kinect Sports. Andrew brought his deep sports gaming expertise to the mobile gaming space, developing many of Red Bull’s premiere mobile game products and pioneering a new era of brand marketing through mobile games.
“I’m very excited about this next growth stage of mobile gaming through the “Play-To-Earn” economy model where players can actually earn a living playing the games they love. When you start to connect real world sport with the social and economic aspects within a gaming metaverse the opportunities become endless,” stated Andrew Murphy.
Session Games focuses on competitive sports games and this next title will utilize the Skillz (SKLZ) platform. Dubbed as “esports for everyone,” the Skillz platform turns mobile games into cash rewarded esport tournaments.
About Canadian Nexus Team Ventures Corp.
Canadian Nexus Team Ventures Corp. (CSE: TEAM) is an investment issuer that actively invests in a diversified portfolio of early-stage to mid-level companies and projects. Canadian Nexus leverages its extensive network of operators and global thought leaders to provide investors with a unique multi-opportunity portfolio.
Arni Johannson, CEO
This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements“) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements about timing, future projects and future revenues are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as “pro forma”, “plans”, “expects”, “will”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company and its wholly-owned subsidiaries, including the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining regulatory approvals (including of the Canadian Securities Exchange), changes in laws, regulations, and policies affecting the Company’s operations and the Company’s limited operating history.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107271