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Playground Ventures (CSE:PLAY) appoints new director and advisor

Technology
CSE:PLAY
10 March 2022 12:15 (EDT)

Playground Ventures (PLAY) has appointed Emma Fairhurst as a director and added Sam Chandola to its advisory board.

Fairhurst has over 20 years of experience in the venture capital, financial and public company markets.

Fairhurst worked at Canaccord Genuity Corp., where she administered hundreds of millions in assets, private placements and financings before becoming an investor in her own right.

Fairhurst subsequently became a founder and executive in the resource and tech business venture sector.

Fairhurst has extensive board experience as a director and officer of publicly traded companies. Fairhurst has over 15 years of experience with international development and corporate responsibility, working significantly in East Africa.

Fairhurst is a director and founding member of Global Change for Children Society.

Fairhurst beneficially owns and controls, directly or indirectly, an aggregate of 28,445,000 common shares 6,025,000 warrants and 750,000 options, representing approximately 45.96 per cent of its issued and outstanding common shares on an undiluted basis and 51.22 per cent of the company issued and outstanding common shares on a partially diluted basis.

Sam Chandola has joined the company’s advisory board. Chandola is a serial entrepreneur who was previously the founder of V2 Games (acquired by Victory Square Technologies Inc.), Pepper Esports (acquired by TGS Esports Inc.), and Openspot Technologie.

Sam serves as an adviser to several gaming start-ups and is a recipient of the 2014 BC Business Top 30 under 30 award, the RBC Top 75 Canadian Immigrant award, and the 2017 TMX Canada’s Next 150 award.

In 2021, he was also named one of the Top 24 people of Asian Descent to Watch by the Vancouver Economic Commission.

Currently, he is the founder of First Fund, where he has invested in over 35 gaming and technology start-ups at the pre-seed and seed stage.

It has also granted 250,000 options to purchase common shares of the Company exercisable for $0.15 per share and expires on March 10, 2027, to specific company consultants.

The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.

Playground Ventures Inc. (PLAY) is trading at C$0.08 at 11:26 pm EST.

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