Global Daily Fantasy Sports Inc. Grants Stocks Options
Vancouver, B.C. - TheNewswire - June 30, 2020 - Global Daily Fantasy Sports Inc. (TSXV:DFS) / (Frankfurt:7CR) ("Global" or the "Company") announces that it has granted an aggregate of 7,800,000 stock options under the Company's stock option plan (the "Plan") to its executive officers and three non-management directors. These options expire in 5 years, vest in equal one-third amounts on the date of grant, and each of the first- and second- year anniversary from the date of grant and are issued at $0.28 per share.
The Company has also granted 675,000 stock options to certain consultants that are engaged with Global. These options and the additional options granted to employees of the Company expire in 5 years, vest in equal one-third amounts on each of the first-year, second year and third year anniversary from the date of grant and are issued at $0.28 per share.
About Global Daily Fantasy Sports Inc.
Global Daily Fantasy Sports Inc. (TSXV: DFS) (FSE: 7CR) is a technology company focused on developing digital content for the growing iGaming market. The Company provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current software platform includes both Daily Fantasy Sports and Live Dealer Casino which through a seamless integration at the operator level allows customer access without having to share or compromise any sensitive customer data. As a true B2B global digital content provider, the Company offers its content as a SaaS product that are ideal turn-key solutions for online casino, sportsbook operators, land-based operators, media groups, and big database companies to participate in both Live Dealer Casino Gaming and Daily Fantasy Sports.
For further information, please visit the Company's website at www.gdfsi.com.
Mike Marrandino, Director
Tel: (604) 722-5225
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.