NetworkNewsBreaks – Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) Plans Completion of Private Placement
Playgon (TSX.V: DEAL) (OTCQB: PLGNF), a propriety Software as a Service (“SaaS”) technology company delivering mobile live-dealer technology to online gaming operators globally, has announced its intentions for a nonbrokered private placement. The company plans to complete the placement of units of the company offered at $0.30 per unit with gross proceeds reaching up to $5 million. The announcement noted that each unit would include one common share and one-half of one common share purchase warrant, with each whole warrant granting the holder the right to acquire an addition common share at $0.50 per common share; the holder will have…