GIG: Issue of new shares
2017-06-06 16:35:16
Gaming Innovation Group Inc. ("GIG") has today issued 77,100,000 new
shares of its common stock for the earn-out consideration to the
sellers of Gaming Innovation Group Ltd., ref. GIG's 2016 Annual
Report and Information Memorandum dated 17 March 2015.
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 81,855,626.60 to USD 89,565,626.60,
and the number of outstanding shares has increased from 818,556,266
to 895,656,266 (par value USD 0.10). The new shares are issued by
the board of directors under the Company's 950,000,000 authorized
shares.
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 Group 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://i-labs.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