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| Home : Shoal Games Ltd. Announces CAD$2 Million Private Placement and Follow Up Rights Offering |
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Mar 01
2016 |
Shoal Games Ltd. Announces CAD$2 Million Private Placement and Follow Up Rights Offering |
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ANGUILLA, BRITISH WEST INDIES--(Marketwired - Feb. 29, 2016) - Shoal Games Ltd. (TSX VENTURE:SGW)(OTCQB:SGLDF) http://www.shoalgames.com ("the Company"), owner of Trophy Bingo, an innovative, non-gambling, social bingo game, http://www.trophybingo.com, today announced that it will be proceeding with a CAD$2.0 million private placement of 3,333,333 common shares at CAD$0.60 per share (the "Share Offering"). The Share Offering will be conducted in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario with subscribers qualified under the Offering Memorandum exemption available in section 2.9 of National Instrument 45-106. |
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| Source:http://www.marketwired.com/mw/release.do?id=2101094&sourceType=3 |
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