Atari VCS - The SiLLC Assembly

Liquid Media and Atari® Sign Distribution Deal

Liquid Media and Atari® Sign Distribution Deal

VANCOUVER, British Columbia, March 03, 2021 — Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) announced today the signing of a distribution agreement with Atari, one of the world’s most iconic consumer brands and interactive entertainment producers.

SlipStream, Liquid’s video-on-demand distribution platform, will be made available for download on the all-new Atari VCS™ PC/console hybrid. Systems are available for preorder at GameStop.com and AtariVCS.com.

“Atari committed early on to make its new VCS a highly versatile home entertainment platform and we believe Liquid will find a great audience within the VCS ecosystem. It will help us drive forward transformative innovation,” said Ronald W. Thomson, CEO of Liquid. “Teaming up with Atari also supports our recalibrated business strategy, and offers wider exposure for Liquid’s Slipstream service, known as the Netflix for adventure outdoor films, and our Reelhouse video community.”

Liquid’s deal with Atari is the first to be revealed in support of the Company’s evolution as a solutions-driven business.

“Celebrating the launch of the SlipStream app on the Atari VCS™ is a highlight of Liquid’s technological plan. It is a milestone that we are incredibly excited about,” adds Thomson. “We look forward to sharing information about our revised business model and direction, which Liquid has created and is already executing on, in the coming weeks and months.”

About Atari

Atari is an interactive entertainment company. As an iconic brand that transcends generations and audiences, the company is globally recognized for its multi-platform, interactive entertainment and licensed products. Atari owns and/or manages a portfolio of more than 200 games and franchises, including world-renowned brands like Asteroids®, Centipede®, Missile Command®, Pong®, and RollerCoaster Tycoon®. Atari has offices in New York and Paris. Visit us online at www.Atari.com.

About Liquid Media Group Ltd.

Liquid Media Group Ltd. (Nasdaq: YVR) is a business solutions company empowering independent IP creators to package, finance, deliver and monetize their professional video IP globally. Liquid’s end-to-end solution will enable professional video (film/TV & video game) creation, packaging, financing, delivery & monetization, empowering IP creators to take their professional content from inception through the entire process to monetization. Liquid Media’s executive team is comprised of CEO Ronald W. Thomson (global media business leader), President Charlie Brezer (serial entrepreneur), Chief Financial Officer and Managing Director Daniel Cruz (previously of Canaccord Financial), Chairman Joshua Jackson (actor/producer, television and film), Director Stephen Jackson (Northland Properties), and Director Nancy Basi (veteran media and entertainment expert) who each bring decades of industry expertise and significant passion to advance the Company’s mission.

Additional information is available at www.LiquidMediaGroup.co.

Further information:

Daniel Cruz
Liquid Media Group Ltd.
+1 (416) 489-0092
pg@liquidmediagroup.co

Media requests:

Adam Bello
Media & Analyst Relations Manager
Primoris Group Inc.
+1 (416) 489-0092 x 226
media@primorisgroup.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward-looking statements are typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “potentially” and similar expressions, or are those, which, by their nature, refer to future events. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such factors include, but are not limited to: developments related to the COVID-19 pandemic, regulatory actions, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

Atari is back with the Atari VCS Hybrid Console

We backed the Indiegogo Atari campaign in May 2018, and now this year’s Christmas is going to be very special. Yes! Atari delivered, and the product turned out to be an amazing hybrid console.

Here are the first pictures of our Atari VCS Collector’s Edition, which proudly enters our retro portfolio!

Get yours now ! ATARIVCS.com

Atari announces the launch of a capital increase through private placement

Atari announces the launch of a capital increase through private placement

Paris, December 21, 2020 – 17h40 – ATARI (ISIN : FR0010478248 – ATA, PEA-PME eligible), one of the world’s most iconic consumer brands and interactive entertainment producers, today announces the launch of a capital increase without preferential subscription rights in the form of a private placement of c. 5 million euros through the issuance of new shares, in accordance with the 23^rd and 24^th resolutions of the combined general meeting of shareholders dated September 29, 2019 and the authorization of the meeting of the Board of Directors of December 21, 2020 (the “Transaction”). The Transaction will amount to a maximum of 10% of the share capital of the Company and there will be an application for admission to trading of the new shares on the Euronext Paris market.

The placement will be mainly conducted in France and the rest of the European Union with a limited number of investors or qualified investors, in accordance with article L. 411-2 of the French Monetary and Financial Code.

The Company has already received expressions of interest to participate in the Transaction, notably from Ker Ventures LLC for a minimum amount of 0.6M€ in cash, LR Interactive Holding for a minimum amount of 1M€ in cash and Nvizzio Creations Inc. for a minimum amount of 1M€ by way of offsetting of receivables.

The funds raised will enable the Company to finance the commercial development of the Atari VCS and to strengthen the development of the games division.

In accordance with the 23rd resolution of the combined general meeting of shareholders dated September 30, 2019, the issuance price of the new shares will be at least equal to eighty percent (80%) of the weighted average share price over the twenty (20) trading days preceding its determination.

Settlement-delivery of the new shares issued in connection with the Private Placement and their admission to trading on the regulated market of Euronext Paris is expected to occur on December 28, 2020. The new shares will carry current rights and will be admitted to trading on Euronext Paris under the same ISIN code FR0010478248 – ATA.

Louis Capital Market LLP / Midcap Partners is acting as Lead Manager and Bookrunner of the Transaction.
EuroLand Corporate is acting as financial advisor on the Transaction.

In accordance with article 211-3 of the general regulations of the Autorité des Marchés Financiers (AMF), the offer of the Company’s shares in the context of this capital increase conducted in the form of a private placement will not give rise to a prospectus subject to review by the AMF.

Detailed information regarding the Company, in particular regarding its business activity, its results and corresponding risk factors is included in the Universal Registration Document filed with the AMF on October 28, 2020 under the number D.20-0906, including the annual financial report 2019-2020, which can be accessed, together with other regulated information and all of the press releases of the Company, on its website (www.atari-investisseurs.fr).

About Atari:

Atari, comprised of Atari SA and its subsidiaries, is a global interactive entertainment and multiplatform licensing group. The true innovator of the video game, founded in 1972, Atari owns and/or manages a portfolio of more than 200 games and franchises, including globally known brands such as Asteroids®, Centipede®, Missile Command® and Pong®. From this important portfolio of intellectual properties, Atari delivers attractive online games for smartphones, tablets, and other connected devices. Atari also develops and distributes interactive entertainment for Microsoft, Sony and Nintendo game consoles. Atari also leverages its brand and franchises with licensing agreements through other media, derivative products and publishing. For more information: www.atari.com and www.atari-investisseurs.fr/en/. Atari shares are listed in France on Euronext Paris (Compartment C, ISIN Code FR0010478248, Ticker ATA), in Sweden on Nasdaq First North Growth Market as Swedish Depositary Receipts (ISIN Code SE0012481232, Ticker ATA SDB) and are eligible for the Nasdaq International program in the United States (OTC – Ticker PONGF).

Disclaimer

In France, the aforementioned offer of Atari shares will be made exclusively through a private placement, in accordance with article L. 411-2 of the French Monetary and Financial Code and the applicable regulatory provisions. It does not constitute a public offering within the meaning of article L. 411-1 of the French Monetary and Financial Code. Accordingly, no prospectus will be published or reviewed by the Autorité des marchés financiers.

Concerning the Member States of the European Economic Space having transposed Directive 2003/71/EC of the European Parliament and Council dated November 4, 2003 (as modified in particular by Directive 2010/73/EU, insofar as this directive was transposed in each of the Member States of the European Economic Space) (the “Prospectus Directive”), no actions have been or will be undertaken to enable a public offering of the marketable securities that are the subject of this press release, making it necessary to publish a prospectus in any of the Member States.

This press release and the information contained herein do not constitute an offer to subscribe or purchase, nor a solicitation of an order to purchase or subscribe, Atari’s shares in the United States or in any other jurisdiction in which the transaction may be subject to restrictions. Marketable securities may not be offered or sold in the United States without being registered or exempt from registration under the US Securities Act of 1933 as modified (the “US Securities Act”), it being specified that Atari’s share has not been and will not be registered under the US Securities Act and that Atari has no intention of making a public offering of Atari shares in the United States, nor in any other jurisdiction.

In certain countries, the dissemination of this press release may be subject to specific regulations. Persons in possession of this press release should inquire about and comply with possible local restrictions.

Contacts

Atari – Philippe Mularski, CFO Calyptus – Marie Calleux
Tel +33 1 83 64 61 57 – pm@atari-sa.com Tel + 33 1 53 65 68 68 – atari@calyptus.net

Redeye AB (Certified Adviser)
Tel: +46 8 121 576 90 – certifiedadviser@redeye.se

This is information that Atari SA. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on December 21, 2020 at 17:40am CET.

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