Pursuant to a special resolution passed by directors dated March 21, 2016, the company has consolidated its capital on a one-new-for-10-old basis. The name of the company has not been changed.
Effective at the opening, Monday, May 2, 2016, the shares of Poydras Gaming Finance Corp. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as an Internet gaming and entertainment company.
Postconsolidation
Share capitalization: unlimited shares with no par value, of which
34,548,926 shares are issued and outstanding
Escrow: 4,615,292 shares are subject to escrow
Transfer agent: Computershare Investor Services Inc.
Trading symbol: PYD (unchanged)
Cusip No.: 73938Y 20 8 (new)
Convertible debenture capitalization: $7,732,000 (U.S.) principal amount of debentures, of which
7,732 debentures are issued and outstanding
Transfer agent: Computershare Trust Company of Canada
Trading symbol: PYD.DB.U (unchanged)
Cusip No.: 73938Y AA 7 (unchanged)
Maturity date: March 31, 201
Conversion: The conversion price will be adjusted in accordance with the terms of the indenture such that the principal will be convertible at the holder's option into postconsolidation common shares at a conversion price of $3.30 per postconsolidation common share.
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