JACKPOT DIGITAL INC. ("JP")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,500,000 bonus warrants to two lenders in consideration of the issuance of two non-convertible debentures for loans totaling US$2,500,000. The warrants are exercisable at $0.20 for five years. If the Company's repays the debentures in full within thirty days, the exercise price of the warrants will be reduced to $0.05 per share. The Company will immediately issue a news release confirming repayment of the debentures and the automatic repricing of the warrants if applicable.
Insider Participation:
Shares Warrants
30 Rock Management Inc. (Jake Kalpakian) 0 750,000
Please refer to the Company's news release of August 4, 2015 for further details.
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