Playgon Games (TSE:DEAL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Playgon Games Inc. announces its plan to settle $124,275 of debt through the issuance of over 6 million common shares, with the majority going to insiders as part of an interest payment settlement on previously issued debentures. The transaction is pending TSX Venture Exchange approval and is intended to leverage an exemption from minority shareholder approval due to its value not exceeding 25% of the company’s market capitalization.
For further insights into TSE:DEAL stock, check out TipRanks’ Stock Analysis page.
