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Rivalry Announces Revocation of Management Cease Trade Order

TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the 鈥淐ompany鈥� or 鈥淩ivalry鈥�) (TSXV: RVLY), an internationally regulated sports betting and media company, is pleased to announce that effective July 17, 2025, the Ontario Securities Commission has revoked the management cease trade order (鈥淢CTO鈥�) it had previously granted to the Company on May 2, 2025 under National Policy 12-203 - Management Cease Trade Orders, as the Company successfully completed the filing of its (i) annual audited financial statements, management's discussion and analysis, and related certifications for the year ended December 31, 2024, and (ii) unaudited interim financial statements, management's discussion and analysis, and related certifications for the three months ended March 31, 2025 (collectively, the "Annual and Interim Filings").

The revocation of the MCTO means members of management are no longer prevented from trading the Company's securities. All of the Annual and Interim Filings are available under the Company's profile on SEDAR+ at www.sedarplus.ca.

About Rivalry

Rivalry Corp. wholly owns and operates , a leading sport betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions, as well as an internet gaming registration in Ontario, and is currently in the process of obtaining additional country licenses. With world class creative execution and brand positioning in online culture, a native crypto token, and demonstrated market leadership among digital-first users Rivalry is shaping the future of online gambling for a generation born on the internet.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Company Contact:
Steven Salz, Co-founder & CEO
[email protected]

Investor Contact:
[email protected]

Cautionary Note Regarding Forward-Looking Information and Statements

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (鈥渇orward-looking statements鈥�). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as 鈥渁nticipate鈥�, 鈥渁chieve鈥�, 鈥渃ould鈥�, 鈥渂elieve鈥�, 鈥減lan鈥�, 鈥渋ntend鈥�, 鈥渙bjective鈥�, 鈥渃ontinuous鈥�, 鈥渙ngoing鈥�, 鈥渆stimate鈥�, 鈥渙utlook鈥�, 鈥渆xpect鈥�, 鈥減roject鈥� and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions 鈥渕ay鈥� or 鈥渨ill鈥� occur. These statements are only predictions.

Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company鈥檚 actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the esports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products are not guaranteed; changes in public perception of the esports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations and the Company鈥檚 ability to operate as a going concern; operational risks; cybersecurity risks; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company鈥檚 management鈥檚 discussion and analysis for the 12 months ended December 31, 2024 under the heading 鈥淩isk Factors鈥�, and other disclosure documents available on the Company鈥檚 SEDAR+ profile at .

No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.