Black Tie Ventures plans to become the first Quebec City-based video game company to go public

QUEBEC CITY, Oct. 06, 2016 /CNW Telbec/ - Black Tie Ventures, ("BTV" or the "Corporation") announced today that it plans to become a public company and list its common shares on a Canadian stock exchange. As a part of this strategy, the Corporation has launched a non-brokered private placement of its securities.

"This business decision sets the stage for the future growth of our company. The stock market is the original crowdfunding platform and we are looking forward to offering the investment community the opportunity to participate in our ambitious plans", said David Weiser, CEO of Black Tie Ventures.

In order to achieve this objective, BTV has expanded its management team to include Vincent Bélanger as CFO.  Mr. Bélanger is a CPA, CA with  twelve years of experience as an executive vice president and chief financial officer of growing public companies. He has carried out major CFO mandates for public companies listed in Canada and the United States. He also has experience in audit and worked for 10 years in corporate finance with KPMG and Mallette.

The Corporation has also retained the services of Mtre Guy Paul Allard as advisor to lead the legal process of the going-public strategy. Mr. Allard is set to join the board of directors of BTV once the Corporation is publicly-traded. 

Mtre Allard has twenty years' experience in corporate and securities law. He is currently Vice-President Legal and General Counsel for a group of public and private companies in the pharma industry. Previously, he has been a partner and of counsel at the Montreal office of a multinational law firm.

"We're thrilled to have Guy-Paul and Vincent join our executive team. We believe that their experience and leadership will allow us to successfully execute our corporate and financial strategies", added Weiser.

Black Tie Ventures (www.blacktieventures.com) designs, produces, and publishes casual games for social and mobile platforms. The company has also developed in-game features that allow advertisers and brand marketers to seamlessly reach their target audiences in an engaging manner to increase sales and awareness.

 

SOURCE Black Tie Ventures

Image with caption: "Logo: Black Tie Ventures (CNW Group/Black Tie Ventures)". Image available at: http://photos.newswire.ca/images/download/20161006_C3136_PHOTO_EN_789993.jpg

For further information: Black Tie Ventures Inc., David Weiser, President & CEO, dweiser@blacktieventures.com, +1(418) 456-5529

RELATED LINKS
http://www.blacktieventures.com

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