Rivalry Closes First Tranche of Private Placement

Rivalry Closes First Tranche of Private Placement

TORONTO, Oct. 09, 2025 (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 announces that has closed an initial tranche of its non-brokered private placement (the “Private Placement”) previously announced on September 29, 2025. The Company issued 27,600,000 units (“Units”) at a price of C$0.05 per Unit, for gross proceeds of C$1,380,000. Each Unit consists of one (1) subordinate voting share in the capital of the Company (each, a „SV Share”) and one (1) SV Share purchase warrant (each, a „Warrant”). Each Warrant is exercisable into one (1) SV Share (each, a „Warrant Share”) at a price of C$0.10 per Warrant Share for a period of 24 months. The SV Shares, Warrants and Warrant Shares are subject to a four-month statutory hold period, in accordance with applicable securities legislation. The Company intends to use the proceeds from the Private P

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