The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on May 16, 2016. The financing included shares of Pro Gaming League Inc. (PGL) at 10 cents per share. Each share is exchangeable for postconsolidated shares of the company on a one-for-one basis.
Number of shares: 40,605,400 postconsolidated shares
Purchase price: 10 cents per postconsolidated share
Number of placees: 28 placees
There was no insider or pro group participation in the non-brokered financing.
The company has confirmed the closing of the private placement via a news release dated Oct. 20, 2016.
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