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Esports Limited (doing business as “Luckbox”) reverse takeover of Elephant Hill Capital Inc. (conducted as the “qualifying transaction” for Elephant Hill Capital Inc. in accordance with Policy 2.4 of the TSX Venture Exchange)

Fasken
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Overview

Client

Real Time Games Holdings Ltd.

On December 11, 2020, Esports Limited (doing business as “Luckbox”) completed the acquisition of Elephant Hill Capital Inc. (TSXV:EH.P) in a reverse takeover transaction (conducted as the “qualifying transaction” for Elephant Hill Capital Inc. in accordance with Policy 2.4 of the TSX Venture Exchange). The trading in the common shares of resulting issuer (Elephant Hill Capital Inc. was renamed “Real Luck Group Ltd.) commenced on the TSX Venture Exchange on December 16, 2020, under the resulting issuer’s new name “Real Luck Group Ltd.” and with the stock symbol ”LUCK”.

Fasken advised Esports Limited with a team led by Mike Stephens and included Shanlee von Vegesack and Mark Hughes (Securities and M&A).

Jurisdiction

  • Alberta

Team

  • Mike M. Stephens, Partner | Information Technology, Vancouver, BC, +1 604 631 3162, mstephens@fasken.com
  • Shanlee von Vegesack, CFA, Partner | Capital Markets, Mergers & Acquisitions, Calgary, AB | Vancouver, BC, +1 604 631 4952, svegesack@fasken.com