SEVEN ACES LIMITED ("ACES")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 15, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement") dated September 27, 2019, between Lucky Bucks, LLC ("Subco") – an indirectly owned subsidiary of Seven Aces Limited (the "Company") and an arm's length party (the "Vendor"), whereby the Subco has acquired two (2) location contracts from Platinum Amusements, LLC. – a digital skill-based gaming terminal operator based in Georgia, USA.
As consideration for the contracts, the Company made a USD$566,637 cash payment to the Vendor.
For further information, refer to the Company's news release dated September 30, 2019.
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SEVEN ACES LIMITED ("ACES")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 15, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement") dated September 12, 2019, between Lucky Bucks, LLC ("Subco") – an indirectly owned subsidiary of Seven Aces Limited (the "Company") and arm's length parties (collectively the "Vendors"), whereby the Subco has acquired thirteen (13) location contracts from Lee Caudell, Inc. – a digital skill-based gaming terminal operator based in Georgia, USA.
As consideration for the contracts, the Company will make a USD$2,014,120 cash payment to the Vendors. Further, USD$320,935 out of the total cash consideration is payable based on specific revenue thresholds.
For further information, refer to the Company's news release dated September 13, 2019.
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SEVEN ACES LIMITED ("ACES")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 15, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement") dated August 16, 2019, between Lucky Bucks, LLC ("Subco") – an indirectly owned subsidiary of Seven Aces Limited (the "Company") and an arm's length party (the "Vendor"), whereby the Subco has acquired three (3) location contracts from Fareast Amusement Games, LLC – a digital skill-based gaming terminal operator based in Georgia, USA.
As consideration for the contracts, the Company made a USD$650,617 cash payment to the Vendor.
For further information, refer to the Company's news release dated August 19, 2019.
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SEVEN ACES LIMITED ("ACES")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 15, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement") dated August 23, 2019, between Lucky Bucks, LLC ("Subco") – an indirectly owned subsidiary of Seven Aces Limited (the "Company") and an arm's length party (the "Vendor"), whereby the Subco has acquired five (5) location contracts from Ambaji Amusement, LLC – a digital skill-based gaming terminal operator based in Georgia, USA.
As consideration for the contracts, the Company made a USD$3,252,909 cash payment to the Vendor.
For further information, refer to the Company's news release dated August 26, 2019