MILL VALLEY, CA,, May 6, 2015 /CNW/ - POYDRAS GAMING FINANCE CORP. (TSX-V: PYD) ("Poydras" or the "Company") announces that it has granted 600,000 incentive stock options to a director of the Company exercisable at $0.10 per common share. The options expire May 4, 2020 with 10% of the options vesting immediately upon grant and the remaining options vesting at a rate of 15% every six months thereafter. The options were issued in accordance with the Company's stock option plan.
About Poydras Gaming Finance Corp.
Poydras is focused on leasing and financing gaming machines (such as slot machines) and related capital expenditures for existing casinos, new casino developments and gaming machine suppliers in the United States. It owns and finances slot machines including long-term lease contracts across six casinos in Oklahoma and a financing agreement with a gaming machine supplier based out of California. Additional information about the Company can be found on the SEDAR website at www.sedar.com.
Neither the 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 Poydras Gaming Finance Corp.
For further information: Robert Kelly, Investor Relations, TMX Equicom, T: 416.815.0700 ext. 253, E: [email protected] or Peter Macy, CEO, Poydras Gaming Finance Corp., T: (604) 683-8393, E: [email protected]