Trueclaim Exploration Inc. is pleased to announce that, further to its news release of March 15, 2019, it has entered into a definitive agreement dated June 7, 2019 among Trueclaim, and New Wave Esports Corp., an esports and competitive gaming investment company. Pursuant to the Agreement, Trueclaim has agreed to acquire all the shares of New Wave Esports by way of a three-cornered amalgamation between Trueclaim, New Wave Esportsand Subco under the Business Corporations Act.
Canada's biggest fighting game tournament, Get On My Level 2019, is almost here! The event is taking place at the Exhibition Place in Toronto, Ontario between May 17th and May 19th. The doors are opening on Friday, May 17th at 7:30 AM ET.
GOML 2019 is organized and hosted by Even Matchup Gaming, a New Wave Esports portfolio company.
For more info and spectator registration, visit smash.gg/GOML2019.
Watch the Official GOML19 Trailer >>>
Congratulations to UFC Champion Michael Bisping, NBA All-Star Roy Hibbert, and the PlayLine team for being named as a finalist for the Fantasy Sports Operator of the Year Award!
“Thank you to those who believed in us and supported us along the way. We’re just getting started, and there’s plenty more we’re going to accomplish, so stay tuned. In the meantime, I look forward to hopefully adding another championship to my collection by taking home this prize next month,” said Co-Founder and Former UFC Champion Michael Bisping.
With more than 1,300 competitors registered to compete across Super Smash Bros. Ultimate, Street Fighter V, Dragon Ball FighterZ, and Tekken 7, this year's event will deliver an incredible experience for esports and gaming fans in Toronto and globally for those tuning into livestreams on Twitch.tv.
Our talented friends at Gamer Crossroads hosted CEO Tolga Onuk and CMO Daniel Mitre on their recent podcast where they discussed the movement behind New Wave Esports, their love for gaming, and the future of esports.
"We have an opportunity to grow the esports industry in North America. It’s in an emerging state and growing to be more mainstream. New Wave Esports is in the right place at the right time," says CEO Tolga Onuk.
In the latest TE5 Life Show Podcast, New Wave Esports' CMO Dan Mitre, sits down for a chat with host Keliko Labuanan to discuss the New Wave Esports venture and what his transition has been like after working on the publisher side of the video game industry, his experience running communities for AAA gaming franchises, and the future of esports.
Tiidal Gaming Group, a New Wave Esports portfolio company, has announced NHL Hall of Famer Mike Modano as an investor and newly appointed brand ambassador.
Modano is recognized as one of the most decorated American hockey player in NHL history, winning 1999 Stanley Cup with the Dallas Stars, and being selected in eight NHL All-Star Games. He also won a Silver Medal with the United States at the 2002 Winter Olympics.
New Wave Esports' investment in Tiidal and New Wave Esports' executives are also mentioned in the article.
Our friends at Esports Insider recently caught up with our CMO, Daniel Mitre, where they learned how New Wave Esports is on the road to be one of the world’s first esports and competitive gaming investment companies, and what they look for before investing in an organization or IP.
“When evaluating companies and products that are seeking investments we first and foremost look for teams that are ethical and professional,” said Dan. “We also look for organizations that can benefit from the synergies we offer within our portfolio.”
In an interview with esports TV and news network, ESTNN, New Wave Esports' CEO Tolga Onuk and CMO Dan Mitre provide an inside look at New Wave Esports' vision, their background as gaming experts, and why community is important in the growing industry.
“All the investments that we’re making are in alignment with our goals, our vision,” says Tolga Onuk.
“Not only are we building businesses and not only are we contributing towards revenue growth, which is the business side of things, we’re also giving back to the community that we’re very passionate about,” says Dan Mitre.
The Game Developers Conference is the annual gathering of global gaming industry professionals in San Francisco. Our team reconnected with many industry veterans from Unity, Epic, Nvidia, Logitech, EA and several gaming and esports startup companies. Google announced its game streaming platform Stadia during GDC and it was the most promoted brand of the conference.
New Wave Esports executive team will be attending E3 which is held in Los Angeles, CA in June 2019.
Tiidal Gaming is a Canada-based professional esports and entertainment organization with a track record of success in competitive gaming, emerging esports markets, and operational excellence through ownership and management of professional teams. Tiidal Gaming fully owns Team Lazarus which is currently in the 12th place among the most valuable teams globally. Team Lazarus has more than 1.2M followers across social media and popular livestreaming platforms, and they consist of one of the best female esports teams in the world. New Wave Esports invested in Tiidal Gaming while New Wave Esports executives Tolga Onuk and Dan Mitre were appointed as strategical advisors to the company.
BofAML’s US Internet team estimates the esports market will top US$1bn+ in 2019 with a potential US$15bn best case scenario Total Addressable Market, and this is just the beginning. Currently within this theme, publishers, distributors, platform and hardware segments are key. Long term, BofAML believes multi-platform, cloud gaming, and virtual reality will propel us into the next generation of esports. The next catalyst will be esports going more mainstream. In the next five years, we will see more professional sporting competitions like the NBA 2K League, with esports potentially being an official sport at the Paris 2024 Olympics.
Even Matchup Gaming (EMG) is a Toronto-based leading competitive gaming organizer, broadcaster, and player management company that facilitates online and live tournaments, leagues and gaming ladders, while also acting as a social community for competitive gamers around the world. EMG has built the trust and support of the community through its leadership and proven expertise in the space to operate at the highest level, and as a market leader in the esports industry in Canada, is well-positioned to create significant value for its owners.
New Wave Esports recently added another executive into its management team with Trumbull G. Fisher appointed as the President. Trumbull has 14 years of experience as a founder, trader, and asset manager in capital markets, investment funds, and financial technologies involving Canada's largest financial institutions and global organizations. Trumbull oversees New Wave Esports' financial and strategic operations in Toronto, Ontario.
Co-Owned by UFC Middleweight Champion Michael “The Count” Bisping, PlayLine’s mission is to make fantasy sports for everyone – by simplifying the process, focusing on the star players you know and love, and by offering great cash prizes in all of daily fantasy sports. PlayLine generated an impressive income in 2018 and the platform is gaining popularity while increasing revenue. By taking the future potential of esports betting under consideration, New Wave Esports invested in PlayLine and their talented team.
New Wave Esports' new Chief Marketing Officer and Managing Partner Daniel Mitre was featured on OneAngryGamer on February 27th.
"Whether you believe the recent empty seats at EA has meaning to it or not, there’s no denying that familiar names have left in recent times. This includes people like Jade Raymond, Patrick Söderlund, Battlefield’s producer Jojje Dalunde, and now Dan Mitre — Battlefield Global Community Manager," says OneAngryGamer.
Trueclaim Exploration Inc. announced that it has entered into a binding letter of intent with New Wave Esports to acquire a 100% interest in New Wave Esports via a business combination transaction that would constitute a reverse take-over of Trueclaim.
“I’m excited and incredibly proud of this milestone between New Wave Esports and Trueclaim,” said Tolga Onuk, Chief Executive Officer of New Wave Esports. “I am eager to further expand New Wave Esports' business operations, and grow with our teams and partners as we develop the future of esports and gaming.”
*Press Release | Read More >>>
After the successful acquisition of Thunderbolt CDG, co-founder Daniel Mitre appointed as the Chief Marketing Officer of New Wave Esports.
Daniel Mitre has 16 years of experience in video game marketing, developer and player communications, and building large-scale communities for AAA franchises. Dan made a career out of his passion for gaming, connecting publishers and developers to players.
After the acquisition of Thunderbolt CDG, New Wave Esports appointed the serial-entrepreneur startup veteran as its new Chief Executive Officer. As a designer, developer, and marketing leader, Tolga Onuk contributed to the success of more than 40 startups, built dozens of digital campaigns, games, and applications while leading LA's top interactive teams. Formerly, Tolga was the Founder and CEO of Thunderbolt Studios - an award winning digital technology development company based in Beverly Hills, CA.
The acquisition was completed after an undisclosed deal between the two companies following two months of preparation and planning.
New Wave Esports was primarily interested in the executive and creative talent, and the new competitive gaming platform which Thunderbolt CDG Inc. has been building since 2018.
New Wave Esports closed its first round of venture capital funding in the beginning of 2019. The company has attracted Canadian investors as the company's main focus is one of the world's hottest emerging sectors.
The second round of funding is expected to be closed during the Q2 of 2019.
*Acting solely as external legal counsel.
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