TGS Esports Signs LOI to Merge with Jeff Credit

Company Overview - TGS Esports Inc. is a full-service marketing solutions provider specializing in engaging video game and esports fans, creating gaming strategies and marketing programs for brands [5] - Jeff Credit Ltd. is a professional lending institution licensed by the Hong Kong government for over a decade, providing credit services primarily in Hong Kong [6] Transaction Details - TGS Esports has signed a non-binding letter of intent (LOI) with Jeff Credit Ltd. for a proposed business combination and financing transaction, resulting in a reverse takeover [1][2] - The transaction will involve TGS Esports acquiring all issued and outstanding common shares of Jeff Credit, with a valuation of TGS at $100,000 and Jeff Credit at $8 million [4] - The resulting issuer will continue under the name Jeff Credit Ltd. or another acceptable name, with shares listed on the TSX Venture Exchange [3] Future Plans - Jeff Credit is evaluating the ESG-related market and plans to partner with providers of green taxis to offer credit services for drivers needing to lease new electric vehicles [8]