Engine Media Announces Closing of Convertible Debenture Financing

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TORONTO, Nov. 20, 2020 /PRNewswire/ — Engine Media Holdings, Inc. (“Engine” or the “Company”; TSX-V: GAME; OTCQB: MLLLF) announces that it has closed the final tranche of the previously announced first US$2,000,000 draw of an $8,000,000 stand-by convertible debenture facility – see the press releases issued on October 16, 2020 and September 15, 2020 for further details. Engine Media Holdings Inc. logo (PRNewsfoto/Engine Media Holdings, Inc.)All securities issued pursuant to the financing will be subject to a statutory hold period expiring four months and one day from closing.The Debentures, and the Common Shares and Warrants to be issued on conversion of the Debentures, have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws and may not be offered or sold in the United States or to, or for the account or benefit, of a U.S. person (as such term is defined in Rule 902(k) of Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.This press release does not constitute an offer to …

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