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ANGUILLA, BRITISH WEST INDIES--(Marketwired - Oct. 18, 2016) - Shoal Games Ltd. (TSX VENTURE:SGW)(OTCQB:SGLDF) (www.shoalgames.com) ("the Company"), owner of Trophy Bingo (www.trophybingo.com), Garfield's Bingo, and Rooplay today announced the completion of its Rights offering raising CAD$107,168 from the issuance of 172,681 common shares at an average price of CAD$0.626 per share. 49.9% of the shares issued were from the exercise of 861,723 Rights and 51.1% from those holders utilizing the Additional Subscription Privilege for over-allotment of shares. The Rights offering was only eligible for Canadian shareholders and Accredited shareholders in other jurisdictions under certain circumstances. |