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Monday, 03/27/2023 1:33:17 PM

Monday, March 27, 2023 1:33:17 PM

Post# of 7
March 14, 2023
TORONTO, ON / ACCESSWIRE / March 14, 2023 / GameSquare Esports Inc. (CSE:GSQ)(OTCQB:GMSQF)(FRA:29Q1) ("GameSquare", or the "Company") and Engine Gaming and Media, Inc. (NASDAQ:GAME)(TSXV:GAME) ("Engine Gaming") announced today that they have received approval from the Ontario Superior Court of Justice (Commercial List), to complete the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") pursuant to which Engine Gaming will acquire all of the issued and outstanding common shares of GameSquare (the "GameSquare Shares") at an exchange ratio of 0.08262 of an Engine Gaming common share for each GameSquare Share.

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