Expanding Blockchain Gaming Capabilities
Boba Mint Holdings Ltd. (CSE: TNJ), a leader in blockchain gaming, has successfully completed the acquisition of the remaining 50% equity interest in Werd Studios Inc. (CSE: WERD), a fast-growing blockchain/crypto gaming company based in Toronto, Ontario. This acquisition further solidifies Boba’s position as a major player in the blockchain gaming industry. The acquisition was previously announced in June 2025, with Boba acquiring an initial 50% equity stake in Werd Studios through a combination of a share purchase from Mr. Andrew Shore, the CEO and founder of Werd Studios, and a share subscription in Werd Studios.
Werd Studios’ Exciting Blockchain/Crypto Games
Werd Studios is led by Mr. Shore, a successful technology entrepreneur specializing in gaming and blockchain. The company is developing several exciting new blockchain/crypto games, including Cafe Disco Party, a fast-paced and thrilling adventure where players manage lively cafe parties in a vibrant, imaginary world. Werd Studios also has interests in Moon Gaming and Amino Rewards. Moon Gaming is at the forefront of innovation in the mobile gaming industry, with its debut creation, Moon Poker, redefining the entertainment landscape by offering a thrilling mobile video game that not only immerses players in a cosmic world but also presents real cash prizes in hyper-turbo tournaments. Amino Rewards is a health and fitness focused platform that leverages blockchain to promote a healthy lifestyle.
Key Details of the Acquisition
The purchase price for the remaining 50% equity interest in Werd Studios from Mr. Shore is $1,400,000, which has been satisfied by the issuance of 7,000,000 common shares of Boba on a private placement basis. The 7,000,000 Consideration Shares issued to Mr. Shore are subject to a contractual restricted period, where 25% of the shares become freely tradeable on the date that is 6 months following closing, and the remaining shares become freely tradeable on the date that is 18 months following closing. “We are very pleased to have completed the acquisition of the remaining 50% equity interest in Werd Studios,” said Rody Lazar, CEO of Boba. “The Boba Mint team is excited to continue supporting Andrew and the Werd Studios team now that Werd Studios is a wholly-owned subsidiary of Boba Mint.”
Required Early Warning Information
As part of the acquisition, Mr. Shore owns 13,000,000 common shares of Boba, representing approximately 13.04% of the issued and outstanding common shares of Boba. Mr. Shore may or may not acquire or dispose of common shares of Boba in the future through the open market or in private transactions, as circumstances or market conditions warrant.
About Boba Mint Holdings Ltd.
Boba Mint Holdings Ltd. is a forward-thinking blockchain gaming and digital innovation company. With a 50% ownership of Werd Studios, Boba Mint is dedicated to pushing the boundaries of mobile technology, entertainment, and the Web3 space. The Company is also actively involved in strategic investments within the AI and blockchain sectors, including Cherry Labs’ Telegram-based bot ecosystem.
Forward-Looking Statements
This news release contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Boba’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the blockchain sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mobile video game industry and markets in Canada and generally; the ability of Boba to implement its business strategies; competition; and other assumptions, risks and uncertainties.
About Werd Studios Inc.
Werd Studios Inc. is a fast-growing blockchain/crypto gaming company based in Toronto, Ontario. The company is developing several exciting new blockchain/crypto games, including Cafe Disco Party, Moon Gaming, and Amino Rewards.
Key Highlights
* Boba Mint Holdings Ltd. completes acquisition of Werd Studios Inc.
* Acquisition solidifies Boba’s position as a major player in the blockchain gaming industry. * Werd Studios is developing several exciting new blockchain/crypto games, including Cafe Disco Party, Moon Gaming, and Amino Rewards. * Boba Mint is dedicated to pushing the boundaries of mobile technology, entertainment, and the Web3 space. * The company is also actively involved in strategic investments within the AI and blockchain sectors.
Investor Contact
For more information, please contact:
* Andrew Shore, CEO of Werd Studios Inc. * 71 Thornbank Road, Thornhill, Ontario L4J 2A1
* Telephone: 647-548-8335
Media Contact
For more information, please contact:
* Boba Mint Holdings Ltd. Investor Relations
* Suite 1100 – 1111 Melville Street, Vancouver, British Columbia V6E 3V6
* Telephone: 604-688-4444
Disclaimer
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for this release’s adequacy or accuracy. This news release does not constitute an offer to sell or the solicitation of an offer to buy, and shall not constitute an offer, solicitation or sale in any state, province, territory or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory or jurisdiction. None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. We seek Safe Harbor. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260809
“We are very pleased to have completed the acquisition of the remaining 50% equity interest in Werd Studios. The Boba Mint team is excited to continue supporting Andrew and the Werd Studios team now that Werd Studios is a wholly-owned subsidiary of Boba Mint.”
— Rody Lazar, CEO of Boba Mint Holdings Ltd.
Key Takeaways
* Boba Mint Holdings Ltd. completes acquisition of Werd Studios Inc. * Acquisition solidifies Boba’s position as a major player in the blockchain gaming industry. * Werd Studios is developing several exciting new blockchain/crypto games, including Cafe Disco Party, Moon Gaming, and Amino Rewards.
* Blockchain gaming: A type of gaming that utilizes blockchain technology to create immersive and engaging experiences for players. * Crypto gaming: A type of gaming that utilizes cryptocurrencies as a form of payment or reward. * Web3: A term used to describe the next generation of the internet, which is built on blockchain technology and decentralized networks.
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