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Toronto, Ontario–(Newsfile Corp. – August 31, 2022) – Royal Wins Corporation (CSE: SKLL) (OTCQB: RYWCF) (“Royal wins” or the “Company“), an innovative hyper-casual digital game studio with patented AI skills-based technology, today announces that it has filed its interim financial statements, management discussion and analysis, and related CEO and CFO certifications for its fiscal third quarter. company, ending March 31, 2022.

On June 3, 2022, the company announced it was unable to file its third quarter financials before the May 30, 2022 filing deadline because the company became aware of a significant outstanding tax payment in the days leading up to the filing deadline. The previous tax liability is payable to the Australian tax authorities through the company’s subsidiary Royal Wins PTY Ltd and arose from the 2016 and 2017 tax years.

In conjunction with the filing of the interim financial filings, Royal Wins has filed revised financial statements and management discussion and analysis for the periods ended December 31, 2021, September 30, 2021 and June 30, 2021.

The resubmitted financial statements, MD&A and related certifications are available on the company’s website and on the SEDAR profile.

About Royal Wins Corporation

Royal Wins is an innovative digital games studio pioneering pure skill gaming with real cash prizes available for mobile casual games. Founded in 2014, we design, develop and operate skill games with real cash prizes to disrupt and dominate the online gaming space so that all players of legal age can play and win life-changing jackpots and prizes based on their skill rather than pure chance and chances. Our primary innovation and intellectual property revolves around solving big data problems related to skill game mechanics, cash prize balancing algorithms, game difficulty modules, and player rewards percentage maintenance.

Royal Wins has released a range of pure mobile games on Android and iOS mobile/tablet platforms.

Royal Wins is listed on the Canadian Securities Exchange under the ticker symbol SKLL and on the OTCQB under the ticker symbol RYWCF.

For more information, please contact:

Royal Wins Corporation
Nicholas Konkin
Communications Director
Phone: 1 647 249 9299, ext. 305

E-mail address: [email protected]

Forward-Looking Statements

Statements in this press release that are forward-looking statements are subject to various risks and uncertainties related to the specific factors disclosed here and elsewhere in the company’s filings with Canadian securities regulators. When used in this press release, words such as “will, may, plan, estimate, expect, intend, may, potentially, believe, should” and similar expressions are forward-looking statements.

Forward-looking statements may include, without limitation, statements regarding the company’s unaudited financial results and anticipated growth. While the company has attempted to identify important factors that could cause actual results, performance or performance to differ materially from those in the forward-looking statements, there may be other factors that could cause results, performance or performance not to be as expected, estimated or intended, including, but not limited to: reliance on obtaining regulatory approvals; investing in target companies or projects that have a limited or no operating history and are subject to inconsistent laws and regulations; change in laws; rely on management; requirements for additional funding; contest; and regulatory or political changes.

There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates about future developments, conditions or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements could differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this press release are made as of the date of this press release. Royal Wins Corporation disclaims any intent or obligation to update or revise such information, except as required by applicable law, and the company disclaims any liability for disclosure with respect to any other company named herein.

No securities regulator or exchange has reviewed, approved, disapproved or endorsed the contents of this press release.

To view the source version of this press release, visit https://www.newsfilecorp.com/release/135585