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Bragg Gaming Files Preliminary Short Form Base Shelf Prospectus

Nachrichtenquelle: globenewswire
08.04.2021, 14:00  |  128   |   |   

Filing provides Bragg management with flexibility to pursue future initiatives and drive growth strategy

TORONTO, April 08, 2021 (GLOBE NEWSWIRE) -- Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) ("Bragg" or the "Company") is pleased to announce that it has filed a new preliminary short form base shelf prospectus (the "Base Shelf Prospectus") with securities regulators in each of the provinces and territories of Canada.

“Filing the prospectus will provide us with the flexibility to pursue future growth initiatives,” said Adam Arviv, Interim CEO of Bragg. “We have an aggressive growth strategy and this will ensure that we have the structure in place that allows us to accelerate our plans as necessary to capitalize on market opportunities.”

The Base Shelf Prospectus, when made final, will permit the Company to offer and sell common shares, unsecured debt securities, subscription receipts, warrants, other securities convertible or exchange for common shares or other securities of the Company or any combination thereof (the "Securities") in various offerings having an aggregate value of up to CAD$500 million during the 25-month period that the Base Shelf Prospectus remains effective. The specific terms of any offering of Securities, including the use of proceeds from any offering, will be set forth in a shelf prospectus supplement.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these Securities in any province, territory, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, territory state or jurisdiction.

A copy of the Base Shelf Prospectus can be found on the Company's profile on SEDAR at www.sedar.com

About Bragg Gaming Group
Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) is a global B2B gaming technology platform provider. With operations across Europe and North America, Bragg is expanding into an international force within the burgeoning global online gaming market. Bragg’s main brand is ORYX Gaming, an innovative business-to-business iGaming platform, casino content aggregator, managed sportsbook and managed services provider, offering cutting-edge content from leading studios.

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Bragg Gaming Files Preliminary Short Form Base Shelf Prospectus Filing provides Bragg management with flexibility to pursue future initiatives and drive growth strategyTORONTO, April 08, 2021 (GLOBE NEWSWIRE) - Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) ("Bragg" or the "Company") is pleased to announce that it …

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