/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
MONTREAL, July 11, 2013 /CNW Telbec/ - Amaya Gaming Group Inc. ("Amaya" or the "Company") (TSXV: AYA) is pleased to announce that it has closed the previously
announced private placement of common shares (the "Common Shares") at a price of $6.25 per Common Share for total gross proceeds of
approximately $40.0 million (the "Private Placement"). The Private Placement was conducted through a syndicate of
underwriters led by Canaccord Genuity Corp. and including Cantor
Fitzgerald Canada Corporation, Cormark Securities Inc., BMO Capital
Markets, Clarus Securities Inc. and Global Maxfin Capital Inc.
(collectively the "Underwriters").
The net proceeds from the Private Placement will be used for general
corporate purposes and working capital to assist in the implementation
of the Company's growth strategy and the expansion of its international
Amaya has paid the Underwriters a commission of approximately $1.9
The Common Shares issued under the Private Placement are subject to a
statutory resale restriction until November 12, 2013.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy securities in the United States, or for
the account or benefit of U.S. persons (as such term is defined in
Regulation S under the United States Securities Act of 1933, as
Amaya provides a full suite of gaming products and services including
casino, poker, sportsbook, platform, lotteries and slot machines. Some
of the world's largest gaming operators and casinos are powered by
Amaya's online, mobile, and land-based products. Amaya is present in
all major gaming markets in the world with offices in North America,
Latin America and Europe. Since the spring of 2012, Amaya acquired
Cryptologic, a pioneer within online casino, Ongame, a leader within
online poker, and Cadillac Jack, a successful slot machine
manufacturer. For more information please visit www.amayagaming.com.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management at this time, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Investors are cautioned not to put undue reliance on forward looking
statements. Except as required by law, Amaya does not intend, and
undertakes no obligation, to update any forward-looking statements to
reflect, in particular, new information or future events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Amaya Gaming Group Inc.
For further information:
For investor or media inquiries, please contact:
Tel: 416-815-0700 ext. 251
NA toll free: 1-800-385-5451 ext. 251