Vancouver, B.C. – July, 2016 – Global Daily Fantasy Sports Inc. (TSXV:DFS) (the “Company”) wishes to announce a strategic relationship with NYX Gaming Group Limited (“NYX”) (TSXV:NYX) and that it intends to complete an additional private placement for up to $6 million.
Strategic Relationship with NYX
The Company has entered into a definitive agreement with NYX Digital Gaming (USA) LLC, a wholly-owned subsidiary of NYX (the “NYX Agreement”), for the establishment of a strategic relationship for the distribution of the Company’s B2B daily fantasy sports platform product (the “DFS Product”) on NYX’s Open Gaming System platform (“OGS Platform”) and OGS distribution network (the “OGS Network”) to NYX clients world wide.
Under the NYX Agreement: