Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Seven Aces Limited - Ordinary Shares ACEXF

Seven Aces Ltd is a gaming company with a vision of building a diversified portfolio of gaming operations. The corporation looks to enhance shareholder value by growing organically and through acquisitions. Currently, the corporation is the route operator of skill-based gaming machines in the State of Georgia, United States of America.

GREY:ACEXF - Post Discussion

Seven Aces Limited - Ordinary Shares > TSX accepted filing asset purchase agreement for Lucky Bucks
View:
Post by allison5120 on Oct 21, 2016 5:29pm

TSX accepted filing asset purchase agreement for Lucky Bucks

 

Quantum Int'l agreement for 51% of Lucky Bucks LLC

2016-10-21 16:20 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation relating to an asset purchase agreement between arm's-length parties (the vendors) and an indirect wholly owned subsidiary of Quantum International Income Corp. Pursuant to the agreement, Southern Star Gaming LLC, an indirect wholly owned subsidiary of Quantum International, shall acquire a 51-per-cent interest in Lucky Bucks LLC, a digital terminal gaming business in Georgia, U.S.

In consideration, Quantum International shall pay an aggregate of $10.5-million (U.S.) and issue 43,885,045 common shares to the vendors.

Further, Quantum International shall issue an aggregate of 1,116,071 common shares to James Boyden as finders' fees in connection with the transaction.

For more information, please refer to Quantum International's news releases dated April 27, 2016, and Aug. 17, 2016.

© 2016 Canjex Publishing Ltd. All rights reserved.

Comment by Maffioso on Oct 21, 2016 5:32pm
Check that. After reading the last post it appears the deal has closed!!!
Comment by stank0 on Oct 21, 2016 5:39pm
The wording does make it sound as though it is closed...still not completely clear that it has to me though. I'm sure it will be followed up early next week with a more in depth PR.
Comment by Maffioso on Oct 21, 2016 5:42pm
That's exactly my thinking as well Stank. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities