Brief: The Dust Unit Signs 1.26 Mln Zloty Investment Deal On New Game

Dust SA

23/08/2023 08:20

Aug 23 (Reuters) - Dust SA  THDP.WA :
    * TWO HORIZONS UNIT SIGNS INVESTMENT DEAL WITH PHENOMEN
GAMES
    * DEAL FOR CO-FINANCING OF GAME UNDER CODE NAME PROJECT
HAMMER
    * UNDER DEAL PHENOMEN GAMES TO COVER 75% OF PRODUCTION COSTS
    * UNDER DEAL PHENOMEN GAMES ALSO TO COVER 50% OF MARKETING
COSTS
    * UNDER DEAL TWO HORIZONS TO BE BOTH DEVELOPER AND PUBLISHER
    * TOTAL FINANCING FROM PHENOMEN GAMES AT 1.26 MILLION ZLOTYS
    * PHENOMEN GAMES TO HAVE GUARANTEE FOR GAME'S REVENUE SHARE
    * UNDER COOPERATION PHENOMEN GAMES TO GET 71% OF REVENUE
UNTIL
BREAK EVEN POINT
    * FOLLOWING REACHING BREAK EVEN POINT PARTIES TO HAVE EQUAL
SHARE
IN REVENUE
    * GAME TO BE LAUNCH IN 2025
    * TOTAL PRODUCTION AND MARKETING BUDGET TO AMOUNT TO 1.77
MILLION
ZLOTYS

Source text for Eikon:  ID:nEMsvNmla 
Further company coverage:  THDP.WA 

 (Reporting by Gdansk Newsroom)
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