GIG: Issue of new shares
2016-09-15 16:30:00
Gaming Innovation Group Inc. ("GIG") has today issued
210,000,000 new shares of its common stock in connection
with the acquisition of Betit Holdings Ltd. and the
acquisition of the 10% minority interest in iGaming Cloud
Ltd.
Gaming Innovation Group Inc. confirms that the new shares
have been duly authorized by all necessary corporate action
and that the new shares have been fully paid and validly
issued. The Company's share capital has increased from USD
60,855,626.60 to USD 81,855,626.60, and the number of
outstanding shares has increased from 608,556,266 to
818,556,266 (par value USD 0.10). The new shares are issued
by the board of directors under the Company's 950,000,000
authorized shares.
GIG's holding of 7,965,000 treasury shares will as a
consequence of the above be reduced from 1.31% to 0.97% of
the new number of outstanding shares.
For further information, contact:
Robin Reed, CEO, +356 9999 0382,
(Robin@gaminginnovationgroup.com)
About GIG:
Gaming Innovation Group Inc. is an emerging gambling
solutions and interactive entertainment provider. The
Company offers cutting-edge cloud-based services and B2B
performance marketing, and owns B2C gambling operators
offering games from the best-of-breed suppliers across the
online sports betting and casino industry. Gaming Innovation
Group operates out of Malta and is listed on the Oslo Stock
Exchange under the ticker symbol "GIG".
For more information about the Company and our services:
https://gaminginnovationgroup.com
https://igamingcloud.com
https://www.guts.com
https://www.betspin.com
https://www.rizk.com
https://www.thrills.com
https://www.kaboo.com
https://www.superlenny.com