18:59:08 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Jackpot Digital Inc (3)
Symbol JJ
Shares Issued 132,059,302
Close 2023-10-10 C$ 0.07
Market Cap C$ 9,244,151
Recent Sedar Documents

Jackpot to issue 1.33 million shares for debt

2023-10-11 02:22 ET - News Release

Mr. Jake Kalpakian reports

JACKPOT ENTERS INTO A SHARES FOR DEBT AGREEMENT

Jackpot Digital Inc. has entered into a debt settlement agreement with a creditor whereby the company's creditor has agreed to accept common shares in the capital of the company as full and final settlement of its debt and accrued interest owing to the company's creditor. Pursuant to the debt settlement agreement, the company shall issue to the company's creditor 1,333,425 common shares in the capital of the company at the price of 7.5 cents per share. All securities that may be issued in connection with the debt settlement agreement shall include a hold period in accordance with applicable securities laws.

The above transaction is subject to the approval of the TSX Venture Exchange.

About Jackpot Digital Inc.

Jackpot is a software developer and a leading electronic table game manufacturer and mobile gaming provider for the cruise ship industry and regulated casino industry. The company specializes in multiplayer gaming products, including poker and casino games, which are complemented by a robust suite of back-end tools for operators to efficiently control and optimize their gaming business.

We seek Safe Harbor.

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