The following was sent to Inven Global as a press release.

Simplicity Esports and Gaming Company (OTCQB: WINR) (“Simplicity Esports”), an established brand within the esports industry, owner and manager of multiple esports teams, including Flamengo Esports, and an operator of Esports Gaming Centers, announced today that it has secured a $500,000 investment from TRITON FUNDS (“Triton”).

The funds from the Triton investment will serve as working capital to support the achievement of Simplicity Esports’ previously stated goals of owning a team in a franchised game, broadening its offering of competitive events, including play-at-home online tournaments, and being cash flow positive.

Jed Kaplan, CEO of Simplicity Esports, commented, “Simplicity Esports continues to move closer to our goal of owning a team in a franchised game, as our Brazilian League of Legends team, Flamengo Esports, excels in the highest level of competition in Brazil. Riot’s announcement of franchising in Brazil validates our business plan of fielding a winning team and laying the operational foundation for owning a franchise spot in CBLoL in 2021.

As part of the operational foundation, we have begun generating revenue by selling corporate sponsorships to companies that desire to reach our vast audience of Flamengo Esports and Simplicity Esports fans. It’s great to have an investment partner that understands the millennial mindset as deeply as Triton. The investment from Triton will provide us the working capital needed to fully execute our growth strategy.

In the current market environment, this will also provide the capital needed to broaden our offering of play-at-home online tournaments. Our play-at-home tournaments will allow us to continue to grow and engage with our customer base from the privacy of their homes.”

Ashkan Mapar, Principal of Triton, commented, “With a great management team leading the company’s expansion throughout the esports and gaming industry, Triton is excited to back Simplicity Esports’ growth as both an institutional investor and strategic partner," said Principal of Triton Ashkan Mapar. "We look forward to potentially introducing Simplicity Esports to the collegiate esports leagues in California, beginning with UCSD, and providing the capital needed to take them to the next level.”