TSXV Bulletin POYDRAS GAMING FINANCE CORP. ("PYD")("PYD.DB.U")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 29, 2016
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by directors dated March 21, 2016, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening Monday, May 2, 2016, the shares of Poydras Gaming Finance Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Internet Gaming and Entertainment' company.
| Post - Consolidation | |
| Share Capitalization: | unlimited | shares with no par value of which |
| | 34,548,926 | shares are issued and outstanding |
| Escrow | 4,615,292 | shares are subject to escrow |
| | |
| Transfer Agent: | Computershare Investor Services Inc. |
| Trading Symbol: | PYD | (UNCHANGED) |
| CUSIP Number: | 73938Y 20 8 | (new) |
| | | |
| Convertible Debentures |
| Capitalization: | US$7,732,000 principal amount of Debentures of which |
| | 7,732 Debentures are issued and outstanding |
| | |
| Transfer Agent: | Computershare Trust Company of Canada |
| Trading Symbol: | PYD.DB.U | (UNCHANGED) |
| CUSIP Number: | 73938Y AA 7 | (UNCHANGED) |
| | |
| Maturity Date: | March 31, 2017 |
| Conversion: | The conversion price will be adjusted in accordance with the terms of the indenture such that the principal will be convertible at the holder's option into post-consolidation common shares at a conversion price of $3.30 per post-consolidation common share. |