An anonymous director reports
RETURN OF 11,250,000 SHARES TO TREASURY
Evergreen Gaming Corp. has provided the following update.
The company previously announced, on Oct. 17, 2012, the commencement of litigation proceedings with a former employee related to the severance of that employee and issues related to the company's involvement with the Wizards Casino. That litigation has now been settled, which settlement included the return to the company of 11.25 million common shares originally issued in connection with the Wizards Casino transaction. Those shares will be cancelled and returned to the company's treasury.
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