OverActive Media Brings First Call of Duty League Major to Canada

Ticket Sales Begin Today for the June 2-5 Toronto Ultra Hosted Esports and Entertainment Event

Toronto, Ontario, CANADA


TORONTO, April 21, 2022 (GLOBE NEWSWIRE) -- Toronto Ultra, OverActive Media’s (TSXV: OAM) (OTCQB: OAMCF) (“OverActive” or the “Company”), Call of Duty League™ franchise, will host Canada’s first-ever Call of Duty League (CDL) Major tournament from June 2 to 5 at the Mattamy Athletic Centre in Toronto, with ticket sales commencing today at 11:00 a.m. EST at www.ticketmaster.ca. Formerly known as Maple Leaf Gardens, this historic building will pioneer the new generation of sports with a major esports tournament featuring the best Call of Duty players in the world competing for $500,000 USD in prize money. Toronto Ultra Major III Tournament powered by Bell (Major III) is expected to attract esports, gaming, sports and entertainment fans alike to an action-packed four-day festival, furthering the city’s position as a global esports hub.   

“Hosting Major III is a pinnacle moment for OverActive and the Toronto Ultra brand. Live esports is a spectator sport that offers a unique and entertaining in-person experience; we’ve been eagerly awaiting our chance to bring new and our existing loyal fans a largescale event of this magnitude since our launch in 2018,” said Alyson Walker, Chief Commercial Officer, OverActive Media. “We’re leaning into the best our city has to offer to showcase Toronto as a global leading entertainment market alongside Toronto Ultra as Canada’s Call of Duty League team.”

Major III will be the first time Toronto Ultra plays in front of a live audience in Canada. In addition to hosting 12 professional esports teams that make up the CDL, Major III will welcome up to 95 teams from around the world as part of its Challengers tournament, the CDL’s path to pro system. OAM Live, OverActive’s in-house event production and broadcast division, will run the first of its kind Canadian tournament. With $75,000 USD in prize money on the line, Challengers provides amateur Call of Duty players the opportunity to prove themselves against other regions and become a breakout star. Prize money for Major III and its Challengers tournament is provided by the CDL.

“The Call of Duty League is one of the largest esports properties in the world and with two unforgettable Major tournaments completed in the United States this season already, we’re excited to bring the action to our fans in Canada for Major III,” said Daniel Tsay, General Manager, Call of Duty Esports, Activision Blizzard. “The return to live events is key to delivering the high-energy environment our teams and fans thrive on, and our friends at OverActive are sure to deliver the ultimate experience in Toronto.”

Major III will serve up multiple matches from Thursday through Sunday, partner activations from Bell, EPOS, Nobis, SCUF, and more, as well as other fan-facing events hosted throughout the tournament. Tickets for Major III go on sale today at 11:00 a.m. EST at www.ticketmaster.ca. First access ticket options include weekend passes and premium seats in the Bell Fan Zone. Registration for the Toronto Ultra Challengers Open also launches today at www.tixr.com, composed of competition fees and Major III weekend passes. To receive the latest news and updates heading into Major III, register here.

For more information, please contact:

Leah Gaucher, Director, PR & Communications, OverActive Media
(647) 924-2614
lgaucher@oam.gg

Babak Pedram, Investor Relations, Virtus Advisory Group Inc.
(416) 995-8651
bpedram@virtusadvisory.com

Cautionary Note Regarding Forward-Looking Information

This press release contains statements which constitute “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”), including statements regarding the plans, intentions, beliefs and current expectations of OverActive with respect to future business activities and operating performance. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding: (a) the listing and trading of the OverActive Shares on the TSXV, (b) expectations for other economic, business, and/or competitive factors; and (c) the use of proceeds of the Offering.

Investors are cautioned that forward-looking statements are not based on historical facts but instead OverActive management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although OverActive believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the OverActive. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: the potential impact of the announcement or consummation of the Transaction on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation; the risks and uncertainties associated with foreign markets; and the diversion of management time on the Transaction and other risk factors set out in the filing statement. These forward-looking statements may be affected by risks and uncertainties in the business of OverActive and general market conditions, including COVID-19.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although OverActive has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. OverActive does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.

ABOUT OVERACTIVE MEDIA

OverActive Media (TSXV: OAM) (OTCQB: OAMCF) is headquartered in Toronto, Ontario, with operations in Madrid, Spain and Berlin, Germany. OverActive’s mandate is to build an integrated global company delivering sports, media and entertainment products for today’s generation of fans with a focus on esports, videogames, content creation and distribution, culture, and live and online events. OverActive owns team franchises in (i) the Overwatch League, operating as the Toronto Defiant, (ii) the Call of Duty League, operating as the Toronto Ultra, (iii) the League of Legends European Championship (“LEC”), operating as the MAD Lions, and (iv) the Superliga, operating as the MAD Lions Madrid. OverActive also operates both live and online events, operating as OAM Live and maintains an active social media presence with its fans and community members, operates fan clubs, and other fan-related activities that increase the reach of its brands.

ABOUT THE CALL OF DUTY LEAGUE

Call of Duty League™ is the official esports league of the Call of Duty franchise, from publisher Activision Publishing (“Activision”). The inaugural season of Call of Duty League includes 12 teams from four countries and spotlights the best Call of Duty esports players from around the world. The Call of Duty League launched in 2020 and offers fresh ways for pro players, amateurs, and fans to come together around one of the world’s most beloved games. To learn more about the Call of Duty League, visit callofdutyleague.com.

ACTIVISION, CALL OF DUTY, and CALL OF DUTY LEAGUE are trademarks or registered trademarks of Activision Publishing, Inc. in the U.S. and/or other countries. All other trademarks and trade names are the properties of their respective owners.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.