Business
NorthStar Gaming Holdings Inc. Engages Blue Sky Trading & Consulting Ltd. for Advisory Services
Toronto, Ontario--(Newsfile Corp. - April 21, 2023) - NorthStar Gaming Holdings Inc. (TSXV: BET) ...
About this update from Northstar Gaming Holdings Inc
[{"type":"text","content":"NorthStar Gaming Holdings Inc. Engages Blue Sky Trading & Consulting Ltd. for Advisory ServicesToronto, Ontario--(Newsfile Corp. - April 21, 2023) - NorthStar Gaming Holdings Inc. (TSXV: BET) (the \"Company\", \"NorthStar\" or \"NGHI\") is pleased to announce is has entered into an advisory agreement (the \"Agreement\") with Blue Sky Trading & Consulting Ltd. (\"Blue Sky\") to provide advisory services to NorthStar relating to capital markets, including capital raising and mergers & acquisitions.The Agreement is effective March 24, 2023, and has an initial term of six months beginning on the date hereof (the \"Term\") and may be terminated by either party upon ten days written notice. The Term may be extended by either party upon mutual agreement between NorthStar and Blue Sky.In consideration of the services provided by Blue Sky pursuant to the Agreement, Blue Sky will receive C$55,000 per month, payable in the common shares of NorthStar. At no point will Blue Sky receive greater than 1,000,000 NorthStar common shares over the course of the term, or 166,666 shares in any one month. Shares will be priced at at least the discounted market price on the date the invoice for services is provided in arrears.The Agreement is subject to the Company's filing requirements with the TSX.V and TSX.V approval.For more information on NorthStar Gaming and its current partners, please visit www.northstargaming.ca.About NorthStar NorthStar proudly owns and operates NorthStar Bets, a made-in-Ontario casino and sportsbook gaming platform that provides players with a uniquely local, premier user experience. The NorthStar Bets sportsbook provides real-time news, stats, analysis and scores directly in the betting environment along with the most popular online casino games. A Canadian company, NorthStar is uniquely positioned to become a convergence leader in the intersection of sports media and sports wagering thanks to its partnerships and agreements with leading media companies. NorthStar is committed to operating at the highest level of responsible gaming standards.Forward-Looking InformationThis communication contains \"forward-looking information\" within the meaning of applicable securities laws in Canada. Forward-looking information may relate to future events or future performance of NSG. All statements in this communication, other th...