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| Home : TransGaming Announces Warrant Repricing and Share Issuance |
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Jun 06
2015 |
TransGaming Announces Warrant Repricing and Share Issuance |
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TORONTO, ONTARIO--(Marketwired - June 5, 2015) - TransGaming Inc. (TSX VENTURE:TNG) ("TransGaming" or the "Company") today announced that pursuant to amendments to certain covenants in the Company's July 2013 loan agreement with BEST Funds, the Company has agreed to reprice certain warrants issued to BEST Funds and to issue additional bonus shares to BEST Funds. The exercise price of 6,250,000 warrants, originally issued to BEST Funds on July 9, 2013 and expiring on July 5, 2018, was amended from CA$0.20 to CA$0.10. In addition, the Company issued 750,000 bonus shares to BEST Funds. |
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| Source:http://www.marketwired.com/mw/release.do?id=2027053&sourceType=3 |
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