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Elys Recreation Technology, Corp. (“Elys” or the “Company”) (Nasdaq:ELYS) (NEO:ELYS), an interactive gaming and sports betting technology company, announced today that it has commenced buying and selling on the NEO Exchange less than the symbol “ELYS.”&#13

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By now detailed on the NASDAQ Cash Market place due to the fact December 27, 2019, and also buying and selling underneath the symbol “ELYS,” today’s start marks the initial twin-listing of a publicly traded technologies enterprise from the NASDAQ Money Marketplace to the NEO Exchange.&#13

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With a current market capitalization of around $109.6 million, Elys documented third-quarter fiscal final results, finished September 30, 2020, showing a 43.6{540ccc4681f92a8237c705b0cdebbb9da373ec200da159e6cc1fd9f393be00be} 12 months-around-yr profits soar on the again of steady progress in its web-centered gaming turnover. The business also surpassed its purpose of attaining 100,000 on the net gaming accounts in advance of the shut of 2020, indicating strong efficiency in their on line and mobile channels.&#13

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“Our listing on the NEO Exchange is an vital milestone on numerous stages for Elys, specifically as we establish on our first go-to-market place strategy in the speedily escalating U.S. marketplace and develop our foothold in the Canadian industry,” explained Elys’ Chairman and CEO, Michele Ciavarella. “Not too long ago proposed laws in Canada would legalize one-function athletics wagering, and is envisioned to improve the CDN$80 billion wagered on sports activities each and every 12 months in Canada. We believe that we are incredibly perfectly positioned to capitalize on this developing current market and imagine this listing will provide us higher publicity among the Canadian traders as we do the job to execute on our technique during North America.”&#13

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The NEO Exchange is household to above 100 corporate and ETF listings, and regularly facilitates far more than 13 per cent of all Canadian funds marketplaces investing volume. Simply click in this article for a entire see of all NEO-shown securities.&#13
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Traders in Canada can trade shares of NEO:ELYS as a result of their usual financial commitment channels, such as price cut brokerage platforms and comprehensive-services sellers.&#13

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About Elys Activity Technologies, Corp.&#13

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Elys Sport Technology, Corp. is a B2B worldwide gaming technological innovation business functioning in multiple nations around the world around the globe, with B2C on the internet and land-dependent gaming operations in Italy. In Italy, Elys offers consumers a comprehensive suite of leisure gaming products and solutions and providers, these types of as sporting activities betting, e-sports activities, virtual athletics, on the net casino, poker, bingo, interactive online games, and slots. The Company’s revolutionary wagering alternative expert services on the internet operators, casinos, retail betting institutions, and franchise distribution networks.&#13

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The Organization has done the solution regulatory demands to start B2B functions in the United States. More data is offered on our company site at www.elysgame.com.&#13

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Link with ELYS: Website |&#13
LinkedIn | Twitter&#13
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About NEO Exchange&#13

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The NEO Trade is a progressive inventory trade that brings together buyers and cash raisers inside a good, successful, and company-oriented surroundings. Fully operational due to the fact June 2015, the NEO Exchange puts traders initially and offers obtain to investing all Canadian-listed securities on a degree actively playing field. The NEO Trade lists senior businesses and expense solutions trying to find a inventory exchange that permits investor believe in, top quality liquidity, and broad recognition which includes unfettered entry to marketplace data.&#13

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Ahead-Wanting Statements&#13

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This push release incorporates sure forward-wanting statements in the this means of the safe and sound harbor provisions of the Personal Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “consider,” “foresee,” “intend,” “estimate,” “hope,” “might,” “keep on,” “predict,” “probable,” “project” and comparable expressions that are supposed to determine forward-hunting statements and consist of statements pertaining to the result of just lately proposed legislation in Canada to legalize single-occasion sporting activities wagering, the Firm becoming extremely perfectly positioned to capitalize on this rising industry and the NEO Exchange listing delivering the Corporation with higher publicity amid Canadian traders. These forward-seeking statements are dependent on management’s anticipations and assumptions as of the day of this press launch and are subject to a quantity of risks and uncertainties, a lot of of which are difficult to forecast that could result in genuine benefits to differ materially from current anticipations and assumptions from all those set forth or implied by any forward-hunting statements. Critical elements that could trigger real benefits to differ materially from present-day expectations incorporate, among the many others, the capability of the lately proposed laws in Canada to legalize one-occasion sports activities wagering to turn out to be legislation, the Company’s potential to execute its tactic to capitalize on this developing market place, the NEO Exchange listing supplying the Enterprise with higher exposure among the Canadian traders, the length and scope of the COVID-19 outbreak around the world, including the impact to the condition and area economies, and the hazard variables described in the Company’s Once-a-year Report on Variety 10-K for the calendar year ended December 31, 2019, and its subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Variety 10-Q and present-day studies on Sort 8-K. The information and facts in this launch is supplied only as of the date of this release, and the Organization undertakes no obligation to update or revise publicly any forward-searching statements, regardless of whether as a outcome of new information and facts, future occasions or if not, soon after the day on which the statements are designed or to mirror the occurrence of unanticipated events, except as required by law.&#13

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The NEO Trade has neither approved nor disapproved the contents of this news release and does not acknowledge duty for the adequacy or precision of contained herein.&#13
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