“Buzz on the Street” Show: UMG Media Ltd. (TSX-V: ESPT) Letter of Intent by Torque Esports Corp.

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Torque Esports Corp., formerly Millennial Esports Corp. (TSXV: GAME) (OTCQB: MLLLF) and UMG Media Ltd. (TSX-V: ESPT) have entered into a binding letter of intent (the “Letter of Intent”) dated October 21, 2019 whereby Torque will acquire UMG (the “Transaction”), which is an arm’s length transaction. The Transaction combines two highly complementary businesses in the esports and gaming space.

UMG Online is an eSports website, a high-quality next-generation gaming experience. With origins as a LAN event provider, the company is now set to branch out into the online gaming world. The daily source for tournaments and ladders, offered on multiple games across various platforms.

The company’s professional staff will provide the best and fairest gaming services for all users. As gamers themselves, UMG understands the mechanics of good gameplay and what is needed to ensure an enjoyable, competitive atmosphere. UMG Online is community based, users and their needs will always come first.

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