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$EAGR.TO

2 stories mentioning EAGR.TOUpdated 42d ago

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Mining & Metals

East Side Games Q1 Revenue Falls 32%, Daily Active Users Decline 31%

East Side Games Group (EAGR.TO) after close Thursday reported first-quarter revenue of $12.5 million, down 32% year over year.The company said its daily active users stood at 145,581, down 30.5% on an annual basis, while average revenue per daily active user was $0.95, down 3.4% from the first quarter of 2025.ESGG said it continues to invest in two new, as of yet unannounced, titles, which are being funded through operating cash flow. Both games are currently targeted for launch in late 2026 and early 2027."With Q1 now behind us, we are focused on rebuilding our war chest, becoming debt free, and maximizing returns from our core portfolio," said chief executive Jason Bailey. "With the company now right-sized, higher-risk projects cancelled, and a focused capital markets strategy in place, I believe we are well positioned for a strong remainder of 2026."Shares of the company closed up $0.01 to $0.11 on the Toronto Stock Exchange.

$EAGR.TO
Mining & Metals

East Side Games Group Raising Up To $3.5M In Non-brokered Private Placement; Shares Fell 18% To 52 Week Lows Last Friday

East Side Games Group (EAGR.TO), a Canada free-to-play mobile game group, is raising total gross proceeds of up to $3.5 million in a non-brokered private placement of 31,818,182 units at $0.11 each, the company said over the weekend.Each Unit will be comprised of one common share and one full whole warrant. Each whole Warrant will be exercisable at $0.14 per share for a period of three years from issuance. The Warrants will be subject to standard anti-dilution adjustments, the company added.Net proceeds from the private placement will be used to repay indebtedness owing to the Royal Bank of Canada (RY.TO. RY) and for operating expenses and general working capital.Shares in EAGR were down 18.5% or $0.025 at $0.11 last Friday.

$EAGR.TO$RY.TO

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