Exchange Bulletin
Innova Gaming Group Inc. (IGG) To Trade On Toronto Stock Exchange
Innova Gaming Group Inc. (the “Company”) - An application has been granted for the original listing in the Industrial category of 22,495,000 common shares of which 20,450,000 common shares will be issued and outstanding and 2,045,000 common shares will be reserved for issuance upon completion of an initial public offering (the “Offering”).
Listing of the common shares will become effective at 5:01 p.m. on Monday, May 4, 2015 in anticipation of the Offering closing on Tuesday, May 5, 2015. The common shares will be posted for trading at the opening on May 5, 2015 on confirmation of closing.
Registration of interest in, and transfer of, the common shares held through CDS Clearing and Depository Services Inc. (“CDS”) or its nominee will be made electronically through the non-certificated inventory (NCI) system of CDS. Common share must be purchase or transferred through a CDS Participant. Beneficial owners of common shares will not, except in certain limited circumstances be entitled to receive physical certificates evidencing ownership of their shares.
Additional information on the common shares can be found in the Company’s final prospectus dated April 28, 2015 (the “Prospectus”), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.
| Stock Symbol: "IGG" | CUSIP: 457690 10 5 | Trading Currency: CDN$ |
| Temporary Market Maker: | Independent Trading Group |
| Other Markets: | None |
| Head Office Address: | 560 Arvin Avenue Unit 3 Stoney Creek, Ontario L8E 5P1 |
| Telephone Number: | (818) 727-1690 |
| Email Address: | rweil@innovagaminggroup.com |
| Website: | www.innovagamingroup.com |
| Investor Relations: | Richard Weil Tel: (818) 727-1690 Email: rweil@innovagaminggroup.com - and - Stephen Koo Tel: (818) 727-1690 Email: skoo@innovagaminggroup.com |
| Chief Financial Officer: | Stephen Koo |
| Corporate Secretary: | Oji Nwankwo |
| Incorporation: | The Company was incorporated under the Canada Business Corporations Act on February 25, 2015. |
| Fiscal Year End: | December 31 |
| Nature of Business: | The Company designs, develops, produces, markets and services games, systems and tickets for the North American gaming industry, predominately in the business to government lottery sector. |
| Transfer Agent & Registrar: | Computershare Investor Services Inc. at its principal office in Toronto. |
| Dividends: | To date the Company has not paid any dividends on its outstanding common shares and does not anticipate the payment of any dividends on its common shares for the foreseeable future. |
| Initial Public Offering: | Pursuant to the terms of the Prospectus, Canaccord Genuity Corp., Cantor Fitzgerald Canada Corporation, Cormark Securities Inc., Desjardins Securities Inc., Dundee Securities Ltd. and Clarus Securities Inc., as underwriters, are offering to the public 12,270,000 common shares of which: (i) 3,750,000 common shares are being sold by the Company from treasury and (ii) 8,520,000 common shares are being sold through a secondary offering by Amaya Inc. (the “Selling Shareholder”) at a price of $4.00 per common share (the “Offering Price”). In addition, the Selling Shareholder has granted the underwriters’ an over-allotment option to purchase from the Selling Shareholder up to 1,840,500 common shares at the Offering Price. The Company will not receive any proceeds from the secondary offering and the exercise of the over-allotment option. |
