Rivalry Announces Completion of Non-Brokered Private Placement

TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Rivalry Corp. (the "Company" or "Rivalry") (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for digital-first players, today announced that, further to its press releases dated November 26, 2024, November 29, 2024 and December 6, 2024, it has completed its non-brokered private placement of units of the Company (the "Units"), at a price of $0.15 per Unit (the "Offering"). The Company issued an aggregate of 22,146,851 Units in connection with the Offering, for aggregate gross proceeds of approximately $3.32 million.