Playgon Games (TSE:DEAL) has released an update.
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Playgon Games Inc. is set to convert $656,525 of its debt into equity by issuing approximately 22.58 million common shares, with a significant portion going to insiders. This debt conversion is part of the terms under the company’s indenture with Odyssey Trust Company and is pending approval from the TSX Venture Exchange. Playgon leverages its SaaS technology to provide innovative iGaming software solutions to online gaming operators.
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