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Playground Ventures Announces Appointment of Director

MWN-AI** Summary

Playground Ventures Inc. (CSE: PLAY) has announced the appointment of Mr. Damien Reynolds as a director of the Company, effective immediately. Mr. Reynolds brings extensive experience to the role, having worked for several decades in small public capital markets, primarily focusing on global mineral exploration. Additionally, he has been involved with numerous technology startups and investments, indicating a diverse skill set that aligns with Playground Ventures' strategic goals.

This transition in leadership comes alongside the resignation of Mr. Harrison Reynolds from his position as a director. The Company expressed gratitude for Mr. Harrison Reynolds' contributions and wishes him well in his future endeavors. Such changes highlight Playground Ventures' commitment to strengthening its board by integrating individuals with significant industry experience.

Playground Ventures remains focused on advancing its business, as reflected in this strategic appointment. The Company has been actively engaging in various sectors, aiming to foster growth and innovation. Mr. Damien Reynolds' expertise may enhance the Company's strategic direction, particularly in leveraging capital market opportunities and expanding its investment portfolio.

The announcement included a note on forward-looking information, which advises investors that certain statements made may involve predictions based on management's current estimates and opinions. As is common in the business landscape, these forward-looking statements are subject to various risks and uncertainties that could lead to actual outcomes differing from those anticipated. The Company has fulfilled its commitment to transparency by inviting stakeholders to review its Management's Discussion and Analysis for a detailed understanding of the associated risks.

For more information, investors and interested parties can reach out to Jon Gill, the Chairman and Interim Chief Financial Officer of Playground Ventures.

MWN-AI** Analysis

The recent appointment of Mr. Damien Reynolds as a director at Playground Ventures Inc. (CSE: PLAY) presents an intriguing moment for potential investors. With a rich background in both mineral exploration and technology startups, Mr. Reynolds brings a diverse skill set that could catalyze growth and innovation within the Company. His vast experience in small public capital markets may assist Playground Ventures in navigating complex market dynamics, increasing investor confidence in the company's future endeavors.

Moreover, this transition replaces Mr. Harrison Reynolds (no relation), who has stepped down from the board. This change in leadership signals a potential strategic shift that could redefine the company's operational and financial focus, especially if Mr. Damien Reynolds opts to leverage his tech industry insights. Given the growing intersection of technology and traditional sectors such as mining, Playground Ventures could benefit significantly from fresh perspectives in its strategic planning.

As with any investment, particularly in the capital markets, it's essential to remain cautious and informed. Investors should closely monitor how this leadership change impacts Playground Ventures’ decision-making and long-term strategy. Furthermore, any updates on new projects or partnerships that leverage Mr. Reynolds’ background in tech startups could be pivotal for share price movements.

Due diligence is critical, especially considering the forward-looking statements included in the company’s announcements. Market conditions are subject to volatility, which could affect the company’s projections. Investors should review the Company’s Management's Discussion and Analysis for a thorough understanding of the risks involved.

Overall, potential investors should take a balanced approach, weighing the promising new leadership against market uncertainties. Diversifying one's portfolio and keeping abreast of industry trends will aid in strategically timing investments in Playground Ventures as developments unfold.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: TMX Newsfile

Toronto, Ontario--(Newsfile Corp. - March 24, 2026) - Playground Ventures Inc. (CSE: PLAY) (the "Company"), is pleased to announce that Mr. Damien Reynolds has been appointed as a director of the Company, effective immediately.

Mr. Reynolds is a Canadian entrepreneur with multiple decades of experience in the small public capital markets. While his primary focus has been mineral exploration globally, he is also involved in many tech startups and investments.

In addition, the Company would like to announce the resignation of Mr. Harrison Reynolds as a director of the Company. Management and the board of directors would like to thank Mr. Reynolds for his contributions to the Company and wishes him well in his future endeavours.

For further information, please contact:
Jon Gill, Chairman and Interim Chief Financial Officer
Tel: 416-361-1913
Email: jgill@playgroundventures.com

Forward-Looking Information

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289743

FAQ**

How might the appointment of Mr. Damien Reynolds as a director of Playground Ventures Inc. influence its strategic direction in the tech sector, particularly in relation to Blocplay Entertainment Inc SMPBF?
Mr. Damien Reynolds' appointment as a director of Playground Ventures Inc. could steer its strategic direction in the tech sector, particularly enhancing synergies with Blocplay Entertainment Inc. (SMPBF) by leveraging his expertise to drive innovation and collaborative initiatives.
Given Mr. Reynolds' extensive experience in public capital markets, what potential advantages could his leadership bring to Playground Ventures Inc.'s collaboration or investments with Blocplay Entertainment Inc SMPBF?
Mr. Reynolds' extensive experience in public capital markets could enhance Playground Ventures Inc.'s collaboration with Blocplay Entertainment Inc. by facilitating strategic capital raising, improving financial structuring, and providing valuable industry insights for investment opportunities.
How did the resignation of Mr. Harrison Reynolds impact the overall governance structure of Playground Ventures Inc., particularly concerning its future initiatives involving Blocplay Entertainment Inc SMPBF?
Mr. Harrison Reynolds' resignation from Playground Ventures Inc. prompted a reevaluation of the governance structure, potentially affecting future initiatives with Blocplay Entertainment Inc. (SMPBF) by creating leadership gaps and necessitating strategic adjustments to maintain operational continuity.
What are the anticipated risks and uncertainties that could affect Playground Ventures Inc.'s business prospects, especially in the context of emerging technologies like those being developed by Blocplay Entertainment Inc SMPBF?
Anticipated risks for Playground Ventures Inc. include market volatility in emerging tech, competition from innovative firms like Blocplay Entertainment Inc. SMPBF, regulatory changes, technological obsolescence, funding challenges, and potential shifts in consumer preferences.

**MWN-AI FAQ is based on asking OpenAI questions about Playground Ventures Inc. (CNQC: PLAY:CC).

Playground Ventures Inc.

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