May 31 (Reuters) - Enthusiast Gaming Holdings Inc EGLX.V :
* ENTHUSIAST GAMING ANNOUNCES MERGER WITH AQUILINI GAMECO AND LUMINOSITY TO FORM GLOBAL ESPORTS AND GAMING LEADER
* ENTHUSIAST GAMING HOLDINGS INC - AGGREGATE OF APPROXIMATELY 324.4 MILLION J55 SHARES IS EXPECTED TO BE ISSUED AT A DEEMED PRICE OF $0.30 PER SHARE
* ENTHUSIAST GAMING HOLDINGS INC - SHAREHOLDERS WILL EXCHANGE EACH OF THEIR ENTHUSIAST GAMING COMMON SHARES FOR 4.22 J55 COMMON SHARES
* ENTHUSIAST - J55 TO CONSOLIDATE OUTSTANDING J55 COMMON SHARES ON BASIS OF 1.25 PRE-CONSOLIDATION SHARES FOR EVERY ONE POST-CONSOLIDATION SHARS