Fandom Sports appoints Lyle Strachan as CFO

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Vancouver, British Columbia – (Newsfile Corp. – September 16, 2021) – Fandom Sports Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FSE: TQ43) (“Fandom Sports” or the “Company”), is pleased to announce that Mr. Lyle Strachan is joining the company to assume the role of Chief Financial Officer while providing strategic recommendations that ensure that all financial and operational solutions support Fandom Sports’ growth strategy, vision and evolving mission.

Mr. Strachan is a Chartered Professional Accountant with an Honors BA from the University of Toronto and has over 30 years of experience in accounting and finance. He recently held a leadership position in a wealth management organization. Previously, Mr. Strachan was Executive Vice President of Finance for The Stronach Group, one of the leading racing and gaming organizations in North America. Mr. Strachan oversaw the start-up of racing and gaming operations, online betting, licensing, mergers and acquisitions and corporate finance. His field of expertise has been applied in dozens of jurisdictions, thousands of employees and billions of dollars in income and assets. This vast experience has been built on the basis of years of know-how and collaboration with leading accounting firms and various other financial service providers.

“We are very fortunate to have a new member of the team of Lyle’s caliber and pedigree join Fandom Sports at this inflection point in the company’s development. As we move into operations, new jurisdictions license and new critical verticals, it is important that the right controls and systems are in place to support the vision of a scalable global platform. Lyle will play a critical role in putting these systems in place, “says David Vinokurov, CEO and Chairman.

Stock options

Mr. Strachan will be granted 300,000 incentive stock options at a price of $ 0.17 which will vest immediately in accordance with the Company’s approved stock option plan. The options will have a term of 5 years and will expire on September 16, 2026. 900,000 additional incentive stock options, under the same terms and conditions, have been granted to the Board of Directors and to certain entrepreneurs of the Company.

TO PLAY. TO PREDICT. BE REWARDED. “

For more information :

Investor Relations

Email: [email protected]
Phone +1 (604) 256 6990

DISCLAIMER:

The CSE has not reviewed and accepts no responsibility for the adequacy and accuracy of this information. This press release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual results could differ materially due to a number of factors and uncertainties, many of which are beyond the control of the Company. Some of these risks and uncertainties may be described in the Company’s corporate documents (published on www.sedar.com).

The Company has neither the intention nor the obligation to update or revise forward-looking statements as a result of new information or new events. This press release contains forward-looking statements regarding FANDOM SPORTS. Forward-looking statements can be identified by the use of words such as “believe”, “expect”, “anticipate”, “estimate”, “plan”, “consider”, “,,”,, “,”. Forward-looking statements reflect FANDOM SPORTS ‘good faith assessment of the information available at the time the forward-looking statements were made. These forward-looking statements are subject to a number of risks and uncertainties, and our actual results may differ materially from those projected. Please refer to FANDOM SPORTS Annual and Quarterly Reports filed on SEDAR for a full discussion of the risks and uncertainties which we consider to be the most significant. Forward-looking statements are not, and should not be taken, a guarantee of future performance or results, nor will they necessarily turn out to be precise indications of when or by which such performance or results will be achieved. Therefore, actual results may differ materially from those expressed in forward-looking statements. We assume no obligation to update or revise any forward-looking statements.

SOURCE FANDOM SPORTS

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96753



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