Playgon Games (TSX.V: DEAL) (OTC: PLGNF) (FSE: 7CR), a propriety software-as-a-service (“SaaS”) technology company delivering mobile live dealer technology to online gaming operators globally, today announced that it has completed a second tranche closing of its non-brokered private placement of unsecured convertible debentures for additional aggregate gross proceeds to the company of CA$275,000. This is made further to the previously announced closing on Jan. 19, 2023, of the first tranche closing of the non-brokered offering for aggregate gross proceeds to the company of CA$1,820,000. In total, Playgon received aggregate gross proceeds of CA$2,095,000 following the closing of both tranches. The company disclosed all terms governing the debentures issued as part of the offering in previous press releases. The debentures (including the underlying common shares) will be subject to a statutory hold period of four months plus one day following the closing date of the offering. The non-brokered offering remains subject to the final approval of the TSXV.
To view the full press release, visit https://ibn.fm/1GfRJ
About Playgon Games Inc.
Playgon is a SaaS technology company focused on developing and licensing digital content for the growing iGaming market. The company provides a multitenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current software platform includes Live Dealer Casino, E-Table games and Daily Fantasy Sports, which, through a seamless integration at the operator level, allows customer access without having to share or compromise any sensitive customer data. As a true business-to-business digital content provider, the company’s products are ideal turnkey solutions for online casinos, sportsbook and land-based operators, media groups, and big database companies. For further information, please visit the company’s website at www.Playgon.com.
NOTE TO INVESTORS: The latest news and updates relating to PLGNF are available in the company’s newsroom at https://ibn.fm/PLGNF
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