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Amaya Gaming Group to raise CAD$10.2m to fund growth

2nd June 2011 7:38 am GMT

Canada’s Amaya Gaming Group has entered into an agreement to raise gross proceeds of CAD$10.2m on a bought deal private placement basis, which will be used for the acquisition of Chartwell Technology, as well as various other online gaming initiatives.

Amaya said that it will sell 3,300,000 common shares of its share capital at a price of CAD$3.10 per share to a syndicate of underwriters led by Canaccord Genuity Corp. to raise gross proceeds of CAD$10.2m.

In [...]

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