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| Home : Shoal Games Ltd. Successfully Completes $2,000,000 Private Placement |
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Jun 10
2016 |
Shoal Games Ltd. Successfully Completes $2,000,000 Private Placement |
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ANGUILLA, BRITISH WEST INDIES--(Marketwired - June 9, 2016) - Shoal Games Ltd. (TSX VENTURE:SGW)(OTCQB:SGLDF) (www.shoalgames.com) ("the Company") announces that it has successfully closed the second stage of its previously announced CAD$2 million private placement (the "Offering"). The Company made a non-brokered distribution of 1,833,334 Common shares at $0.60 per share which raised proceeds of $1,100,000. The exempt market Offering was completed in the province of British Columbia. On May 5th, 2016 the Company announced completion of the first stage of the Offering which raised proceeds of CAD$902,760 through the issuance of 1,504,600 common shares at CAD$0.60 per share. All shares issued in the Offering have a four-month hold period from the date of issue. Final approval from the TSX Venture Exchange has been received for the Offering. |
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| Source:http://www.marketwired.com/mw/release.do?id=2133159&sourceType=3 |
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