TMCnet News
Graffiti Games Ltd. Provides Corporate Update and Announces a Non-brokered Private PlacementGraffiti Games Ltd. (the "Corporation" or "Graffiti Games"), a leading video game publisher, is pleased to provide a Corporate Update and announces a non-brokered private placement. Corporate Update
Blue Fire Video Game Release
Subsequent to its release in early February 2021, Blue Fire has earned additional accolades, including:
Blue Fire is available on the Nintendo Switch™ as a console exclusive and on PC for $19.99 USD. The game will launch on additional consoles and as a physical retail edition in the coming months. "Robi Studios worked tirelessly to create a high-quality game for the community to enjoy, which is reflected in Blue Fire's chart-topping success and sales, both of which allowed us to recoup the development costs within the first 24 hours," said Alex Josef, CEO of Graffiti Games. "It's great to see our model of backing and partnering with emerging talent in the gae development space continue to gain momentum and we look forward to continued success for Blue Fire and our other titles as we move forward." In Blue Fire, players embark on an extraordinary adventure through the desolate kingdom of Penumbra to discover the hidden secrets of this long-forgotten land. Explore mystical temples, where players will need to master the art of movement to survive increasingly difficult 3D platforming challenges. Along the adventure, players will slash their way through diverse adversaries, encounter survivors, collect valuable items, take on strange quests and more. For more information regarding Blue Fire please visit Graffiti's Twitter page, Robi's Twitter page or the Blue Fire Discord.
2020 Highlights
2021 Highlights and Beyond
Non-Brokered Private Placement The Corporation announces that it intends to complete a non-brokered private placement of up to 5,000,000 common shares of the Corporation at a price of $0.30 per share for aggregate gross proceeds of up to $1,500,000. The proceeds of the private placement will be used for general operating purposes and working capital.
Media Assets
About Graffiti Games
About Robi Studios
Cautionary Statements Statements in this press release may contain forward-looking. The words "will," "anticipate," believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Corporation. Readers are cautioned that assumption used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Corporation. The Corporation does not have any obligation to update or revise any forward-looking statements except as expressly required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210331005116/en/ |