East Side Games signs banking relationship with National Bank of Canada and EDC

Canada NewsWire

VANCOUVER, BC, Oct. 9, 2026 /CNW/ --  East Side Games Group Inc. (TSX: EAGR) ("ESGG" or the "Company"), a leading developer and publisher of free-to-play mobile games, is pleased to announce that we have transferred our banking relationship to the National Bank of Canada (NBC). With this comes $4M CAD in credit based on accounts receivable and receivable tax credits.

Additionally, we have secured a term loan credit facility from Export Development Canada's (EDC) Direct Lending Program with $4M USD of credit available to us for development of future games.

Partial proceeds are being used to pay off the existing LOC with Royal Bank of Canada and closing out our relationship with them.

EDC funding is earmarked for development of two key new titles that are not yet announced but slated for 2027 release.

The Company is excited about these new relationships, the additional access to credit from NBC and EDC's support.

ABOUT EAST SIDE GAMES GROUP
ESGG is a leader in free-to-play mobile gaming, thrilling players with unforgettable experiences that spark lifelong fandom. Fueled by an entrepreneurial spirit, we are driven by creativity, flawless execution, and a laser-focused profitability strategy. We develop and publish both original and licensed IP titles, license our cutting-edge GameKit(s) platforms, collaborate on prepaid platform partnership projects, and strategically acquire studios or games to expand our family.

Our studio groups entrepreneurial culture is anchored in creativity, execution, and growth through licensing of our proprietary Game Kit software platform that enables professional game developers to greatly increase the efficiency and effectiveness of game creation in addition to organic growth through a diverse portfolio of original and licensed IP mobile games that include: Dragon Up: Idle Adventure, It's Always Sunny: The Gang Goes Mobile, Trailer Park Boys Grea$y Money, RuPaul's Drag Race: Superstar, The Office: Somehow We Manage, Doctor Who: Lost in Time, AEW: Rise to the Top, Milk Farm Tycoon, Power Rangers: Mighty Force, and RuPaul's Drag Race Match Queen. We are headquartered in Vancouver, Canada, and our games are available worldwide through the App Store and Google Play. For further information, please visit www.eastsidegamesgroup.com.

Additional information about the Company continues to be available at www.sedar.com.

Forward-looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the proposed transactions described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

SOURCE East Side Games Group Inc.

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