X1 Esports & Entertainment retains Clarkham Capital for investor relations and advisory services

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VANCOUVER, British Columbia, July 5, 2022 (GLOBE NEWSWIRE) — X1 Esports & Entertainment (CSE: XONE) (“X1“or the”Company), a games and media holding company, is pleased to announce that it has engaged Clarkham Capital (“clarkham”) to provide investor relations and advisory services focused on the German stock market and the German-speaking investment community.

As part of the Company’s German Investor Engagement Campaign (the “Country”), Clarkham will provide services including, but not limited to, the preparation of articles and coverage on several financial platforms and newsletters, digital content, as well as the translation and distribution of press releases in Germany. Clarkham will also act as listing agent for the Company in Germany.

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In accordance with the terms and conditions of the engagement letter (the “OK”), the cooperation between Clarkham and the Company will begin on June 29, 2022 and will continue for a period of six months. The full Campaign will begin 10 days after payment of EUR 150,000 (CAD 202,500) has been prepaid by the Company to Clarkham. After six months, either party may terminate the Agreement upon 30 days’ notice, after which the Agreement will be terminated and void. The agreement is also subject to obtaining all necessary approvals from the CSE and any other relevant regulatory authority.

Sebastian Korbach, director of Clarkham, is a promoter of the Company, but does not hold any shares in the capital of the Company and will in no way be remunerated individually. No securities have been issued under Clarkham’s commitment.

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For more information about Clarkham, please contact:
Clarkham Capital Ltd.
Apartment 285 – 61 rue Praed
London, W2 1NS
UK
Email: sk@clarkham.com

About X1
The Company is an esports holding company that owns and operates a growing esports franchise, RixGG. The Company’s business is team-based video game competition for cash prizes, and operations ancillary to such competition, such as merchandising and organizing tournaments.

For more information about the company, visit www.X1Esports.com or email info@X1Esports.com.

Contact
Mark Elfenbein, CEO
Mark@X1Esports.com

CSE does not accept responsibility for the adequacy or accuracy of this press release.

Caution

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This press release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking statements”). The use of any of the words “will”, “intends” and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in these forward-looking statements. Undue reliance should not be placed on such forward-looking statements. Actual results obtained may differ from the information provided herein due to numerous known and unknown risks, uncertainties and other factors. The Company believes that the expectations reflected in these forward-looking statements are reasonable, but there can be no assurance that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.