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Amaya raises CAD$10.2m to fund Chartwell acquisition

16th June 2011 7:38 am GMT

Canada’s Amaya Gaming Group has moved closer to completing the acquisition of online casino developer Chartwell Technology following the closing of a bought deal private placement which raised aggregate gross proceeds of CAD$10.23m.

The offering was conducted through a syndicate of underwriters led by Canaccord Genuity Corp and included Laurentian Bank Securities Inc.

Amaya has also granted the underwriters an over-allotment option, exercisable at any time up to 30 days from the closing of the offering, to [...]

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