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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Post by gunzodon Aug 16, 2016 5:59pm
125 Views
Post# 25147786

re date to discuss 2nd qtr

re date to discuss 2nd qtrNYX also announced:

Game 360 Earnout.
 
The co. announced today that it had issued 1,223,370 NYX ordinary shares @ 2.06 price representing 50% of the earnout pament where the final purchase price was 4.7 million pounds incl the upfront pymt made  in may 2015 representing 6.4 X  adjusted EBITDA for 2015.  the remaining 50% or 1.7 mllion pounds will be paid in cash in the 3rd qtr. of this fiscal year from the existing cash on hand.

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