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Contagious Gaming Inc (2)
Symbol CNS
Shares Issued 37,968,745
Close 2021-11-24 C$ 0.03
Recent Sedar Documents

Contagious Gaming arranges $1-million private placement

2021-11-25 13:36 ET - News Release

Mr. Craig Loverock reports

CONTAGIOUS GAMING ANNOUNCES PRIVATE PLACEMENT OF UNITS

Contagious Gaming Inc. has arranged a non-brokered private placement of up to 20 million units at five cents for gross proceeds of up to $1-million.

Each unit will consist of one common share in the capital of the company plus one common share purchase warrant. Each warrant will entitle the holder to purchase one additional Share at a price of five cents for a period of two years from the closing of the offering.

The company may pay a finder's fee on the offering within the amount permitted by the policies of the TSX Venture Exchange.

All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the exchange. The net proceeds from the offering will be used by the company for general working capital.

About Contagious Gaming Inc.

Contagious Gaming is in the business of developing software solutions for regulated gaming and lottery markets. The company is currently focused on capitalizing on its proprietary digital instant lottery content.

We seek Safe Harbor.

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