Playgon Games, Inc. (TSE:DEAL) has released an update.
Playgon Games Inc., a SaaS provider in the iGaming sector, has announced its plan to issue over 2.5 million common shares to settle $127,036.67 of debt related to interest payments on convertible unsecured debentures. The issuance price is set at $0.05 per share, and a significant portion of the debt is held by insiders. The transaction is pending review and approval by the TSX Venture Exchange.
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