Global Daily Fantasy Sports Inc. (“Global Daily”) completed a non-brokered private placement financing of an aggregate of 9,951,462 units (each a “Unit”) at a purchase price of $0.15 per Unit for aggregate gross proceeds of $1,492,719, which closed in two tranches on August 16, 2018 and September 28, 2018.  Each Unit consists of one common shares and one-half of one common share purchase warrant, with each whole warrant being exercisable to purchase one common share at an exercise price of $0.40 until 36 months from the date of issuance, subject to acceleration at the option of Global Daily if certain conditions are met.

Global Daily is a B2B technology provider of Daily Fantasy Sports (DFS) software and network, which enables its licensed customers to offer a customized and fully branded DFS Product to their end users. Global Daily trades under the symbol “DFS” on the TSX Venture Exchange.