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The board of directors of KeyStar Corp. appoints Mark Thomas as CEO

The company takes a more targeted approach to B2C sports betting.

MIAMI, Jan. 20, 2023 (GLOBE NEWSWIRE) — Key Star Corp.® (OTC: KEYR) announced the appointment of Mark Thomas as Chief Executive Officer, effective January 10, 2023. Thomas was previously co-founder and CEO of ZenSports, Inc. prior to its acquisition by KeyStar Corp. in 2022. Thomas succeeds John Linss as CEO, who has stepped down.

“We thank John Linss for his service to KeyStar Corp., including his work on completing the acquisition of ZenSports,” said Bruce Cassidy, Chairman of the Board. “The board has decided to adopt an approach of focusing the business solely on B2C sports betting for the foreseeable future, and Mark Thomas is the ideal person to lead these initiatives given his previous experience with ZenSports. “

Led by Mark as co-founder and CEO of ZenSports, the company has developed a mobile gaming platform that offers traditional sports book, peer-to-peer sports betting, and fiat and cryptocurrency betting. He led product vision and strategy, recruited the entire team across all functional areas, and raised over $10 million in venture capital funding.

As part of the Board’s mandate to have a focused approach to B2C sports betting only, Thomas will be responsible for ensuring that ZenSports is able to successfully enter and grow in the US market.

“Mark has already done a great job with ZenSports, growing the business in the European market and securing a Nevada gaming license in 2021,” Cassidy said. “We are confident that he can do the same with KeyStar in the future.”

“I am delighted and honored that the Board of Directors has asked me to lead KeyStar Corp. as its new CEO,” Thomas said. “The ZenSports platform is an innovative brand leading the future of sports betting, and we have the right team and product in place to capture a significant share of the US sports betting market in the years to come.”

Bruce Cassidy remains Chairman of the Board.

Marc Thomas Biography

Mr. Thomas joined KeyStar Corp. as Chief Product Officer in connection with the Company’s acquisition of ZenSports, Inc. in June 2022. Mr. Thomas co-founded and was the Chief Executive Officer of ZenSports since August 2016. Under his leadership, ZenSports developed -form of mobile gambling that offers a traditional sports book, peer-to-peer sports betting, and betting in fiat and cryptocurrencies. He led product vision and strategy, recruited the entire team across all functional areas, and raised over $10 million in venture capital funding. Prior to co-founding ZenSports, Mr. Thomas was the CEO of Reesio, a venture-backed real estate software platform he co-founded in 2012. Reesio automated the paperwork and manual processes needed to buying and selling a home for real. real estate professionals and their clients. Reesio was acquired by News Corp’s in 2015. Mr. Thomas began his career working in corporate finance and accounting for companies such as McKesson, Gap, Inc. and Carl Zeiss Vision before founding his first company in 2005, an executive search agency. in San Francisco who has worked with Fortune 500 clients including Coca-Cola, Expedia and McKesson. Mr. Thomas sold the recruitment agency in 2008 and moved on to work in technology, co-founding two startups in the human resources and recruitment sector. Mr. Thomas also spent time working at Intuit as a senior product manager, which he left in 2012 to co-found Reesio.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as: “anticipate”, “intend of”, “plan”, “seek”, “believe”, “estimate”, “expect”, “strategy”, “probable”, “may”, “should”, and similar references to events or time periods future.

Forward-looking statements are neither historical facts nor guarantees of future performance. Instead, they are based solely on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Accordingly, you should not rely on any such forward-looking statements.

Any forward-looking statement we make in this press release is based solely on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to update publicly any forward-looking statements, written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contact details:
Mark Thomas
Chief Executive Officer
[email protected]

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