Backstageplay Announces Appointment of Stirling McIIwaine to its Board of Directors / Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2017) - Backstageplay Inc. (TSXV: BP.H) (the "Company") announced today the appointment of Mr. Stirling McIIwaine to its board of directors effective immediately.
Mr. McIIwaine has enjoyed more than 25 years of experience in the entertainment/music industry, operating his own management companies and/or working alongside major brands such as Three Six Zero Group, 19 Entertainment, Simon Fuller and American Idol. Selling over 20 million albums, Stirling has worked with and represented the likes of Dave Mathews, Hanson, Nerd, The Thrills, Daughtry, Jordin Sparks, Kris Allen among others.
More recently, Stirling served as the Senior Vice President of US Artist Management at Three Six Zero Group (www.tszgroup.com) which is an international entertainment/music management company founded in 2007 by Mark Gillespie and Dean Wilson. Three Six Zero is an artist-driven company with offices in Los Angeles, London, New York and Berlin and they represent the likes of Calvin Harris, Frank Ocean, Travis Scott and Deadmau5.
"We are absolutely delighted to have Stirling join us as a director of our emerging company," said Scott White Backstageplay's CEO. "Stirling brings substantial knowledge and connectivity to and throughout the music and entertainment industries both in North America and abroad. We are very lucky to have access to his expertise and contacts, as we roll out our gamification platform in 2017."
"We have been working with the team at Backstageplay for several months now, helping them shape their gamification services platform for the music industry," commented Stirling McIIwaine. "As we continue to work together and advance the Backstageplay business model with our contacts, I expect positive feedback and reception from both clients and their fans. I am excited to be involved and help this unique artist-fan engagement penetrate the music market in 2017."
The Company also announced that Howard Blank was stepping down as a member of the board of directors effective immediately. The Company extends its sincere thanks to Mr. Blank for his assistance during its early stages of development.
In addition, the Company has granted stock options to Mr. McIlwaine to purchase up to 100,000 common shares of the Company exercisasble up to and including June 1, 2022, at an exercise price of $0.23 per share. The stock options are subject to the terms of the Company's Stock Option Plan and any necessary regulatory approvals.
Please visit our website at www.backstageplay.com, where you can find a short video and a corporate presentation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, including statements regarding the closing of the non-brokered financing, the proposed use of funds, expectation of multiple closings of the private placement, are "forward-looking statements". Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated in such statements. Factors that may cause actual results to vary from those made in the forward looking statements described in this document include: timing of completion of financing; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; delays in obtaining approvals, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments;. This list is not exhaustive of the factors that may affect the forward looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the companies' forward-looking information. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Scott White, CEO, +1 (416) 704-6611, firstname.lastname@example.org