Ms. Danielle Thorkelsson reports

EQUBE GAMING LIMITED ANNOUNCES TRANSFER OF ORDINARY SHARES

eQube Gaming Ltd. director James Varanese has entered into share purchase agreements for the purchase and sale of 466,667 ordinary shares of the company from Lord Simon Isaacs of Reading and 333,333 ordinary shares from Bruce Gaston, for cash consideration of 50 cents per ordinary share. A total of 350,000 of the ordinary shares being purchased from Lord Reading and 250,000 of the ordinary shares being purchased from Mr. Gaston are subject to a Form 2F -- CPC escrow agreement -- as defined in the policies of the TSX Venture Exchange dated Oct. 20, 2011, as amended, among the company, Computershare Trust Company of Canada and certain securityholders of the company, and, thus, the share transfers remain subject to exchange approval in accordance with exchange policies. The escrowed shares will remain in escrow in accordance with the terms of the escrow agreement. The share transfers are also subject to the receipt of the required documentation from Computershare, the transfer agent for the company.

Upon completion of the share transfers, Mr. Varanese will own or have control over 908,547 ordinary shares, representing 3 per cent of the issued and outstanding ordinary shares. Following the completion of this transaction, Mr. Varanese will become the third-largest shareholder in the company. The shareholdings of Lord Reading will be reduced from approximately 1.5 per cent to 0 per cent of the issued and outstanding ordinary shares, and the shareholdings of Mr. Gaston will be reduced from approximately 1.1 per cent to 0 per cent of the issued and outstanding ordinary shares.

Mr. Varanese is currently a member of eQube's board of directors. Mr. Varanese has over 20 years of experience in mergers and acquisitions in the resource and technology industries, and has served as a partner in major international law firms based in New York and London. Since 2013, Mr. Varanese has been chairman of Siren E&P Ltd., an upstream oil and gas company based in London. He is a graduate of Harvard University.

When speaking about eQube and the transaction, Mr. Varanese commented: "eQube has a great strategy, and has already shown revenue growth progression both in existing and new markets through new contracts and the launch of new products. The company has an experienced management team and is licensed in many key regulated gaming jurisdictions, including Las Vegas. Becoming a key shareholder of eQube at this early stage of its growth is very exciting."

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