Page 2 - Sony Films News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Blocplay Entertainment Inc.: Blocplay Signs Binding Letter of Intent to Acquire an Interest in a Major Movie Studio Licensed Mobile Game Blocplay Entertainment Inc. (CSE: PLAY) (the LOI ) dated April 12, 2021, with Ludare Games Group Inc. ( Ludare Games ) to acquire a forty percent (40%) interest of a mobile game project licensed with a major blockbuster movie franchise for release later this year (the Acquisition ). As consideration for the Acquisition, the Company will issue 1,670,000 common shares in the capital of the Company (each, a Common Share ) to Ludare Games and make an investment in the amount of $300,000 into the project. The Common Shares shall be subject to contractual resale restrictions providing that the Common Shares may not be sold, transferred, optioned, encumbered, pledged or hypothecated in any way, except as follows: (i) as to 25% on the date which is four months from the date of issuance; (ii) 25% on the date which is eight months from the date

United statesJon gillAmar kuraniNewsfile corpCompany management discussionLudare games group incBlocplay entertainment incLudare games groupLudare gamesCommon sharesSony filmsGlobal invasionஒன்றுபட்டது மாநிலங்களில்ஜான் கில்அமர் குரானிநிறுவனம் மேலாண்மை கலந்துரையாடல்