Tangelo Pre-Announces Q4 Revenue and Provides Corporate Update

Tangelo Pre-Announces Q4 Revenue and Provides Corporate Update

ID: 522250

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 02/06/17 -- Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL), a leading developer and operator of social casino games, announced a number of business and corporate updates:

About Tangelo Games

Tangelo Games Corp., the parent company of Diwip and Akamon, formerly known as Imperus Technologies Corp., is a developer of social and mobile gaming for PC, Mac, iOS and Android platforms. Diwip and Akamon design, develop and distribute their top ranked social casino-themed games within online social networks (such as Facebook) and mobile platforms (such as Android and iPhone). All of the Diwip and Akamon games are free to play and generate revenue primarily through the in-game sale of virtual coins.

Twitter:

Caution Regarding Forward-Looking Information:

Certain statements in this press release may constitute "forward-looking information" which involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. When used in this press release, such forward-looking information may use such words as "may", "will", "expect", "believe", "plan" and other similar terminology. Forward-looking information includes, but is not limited to, statements regarding forecasted revenue, the conversion to Unity, the evaluation and review of strategic alternatives and potential for a strategic transaction to close, the treatment of the maintenance fee owed to the Company's lenders and the business of the Company. Forward-looking information is provided for the purpose of presenting information about management's current expectations relating to the future events and the operating performance of the Company, and readers are cautioned that such information may not be appropriate for other purposes. The forward-looking statements involve a number of risks and uncertainties. These risks and uncertainties include, but are not limited to, regulatory requirements, general economic, market or business conditions and future developments in the sectors of the economy in which the business of Tangelo operates. The foregoing list of factors is not exhaustive. Please see the Company's short form prospectus dated March 27, 2015, the Company's Annual Information Form dated November 11, 2015 and other documents available on , for a more detailed description of the risk factors. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether a result of new information, future results or otherwise, except as required by law.





NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



Contacts:
Tangelo Games Corp.
Isabel Guerrero
+34 687 55 28 55


Pinnacle Capital Markets Ltd.
Spyros Karellas
Investor Relations
416-433-5696


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Bereitgestellt von Benutzer: Marketwired
Datum: 06.02.2017 - 22:39 Uhr
Sprache: Deutsch
News-ID 522250
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TORONTO, ONTARIO



Kategorie:

Recreation



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"Tangelo Pre-Announces Q4 Revenue and Provides Corporate Update"
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