JACKPOT DIGITAL INC. ("JP")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s
BULLETIN DATE: May 04, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced Apr 22, 2016:
Convertible Debenture $2,000,000.00
Initial Conversion Price: $0.05 per common share
Term of Maturity: 1 Year
Interest Rate: 12%
Number of Placees: 5 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Aggregate Pro-Group Involvement[2 Placees] P 0
Agent's Fee:
Kingsdale Capital Markets Inc. $200,000.00 cash; 6,000,000 warrants; Corporate finance fee of $30,000+HST
Agent Warrant Initial Exercise Price: $0.05
Agent Warrant Term to Expiry: 0.05 in Year 1
0.10 in Year 2
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantees the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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