SHOAL GAMES LTD. 4
4 · SHOAL GAMES LTD. · Filed Jun 16, 2017
Insider Transaction Report
Form 4
SHOAL GAMES LTD.SGLDF
WILLIAMS GWYNN
10% Owner
Transactions
- Purchase
Common Stock
2017-06-16$0.34/sh+900,000$306,000→ 26,987,999 total(indirect: 100% owned company) - Purchase
Warrant
2017-06-16$0.42/sh+900,000$378,000→ 900,000 total(indirect: 100% owned company)Exercise: $0.42From: 2017-06-16Exp: 2018-06-15→ Common Stock (900,000 underlying)
Footnotes (2)
- [F1]Pendinas Limited, which is 100% owned by Mr G. Williams, acquired 900,000 units of Shoal Games Ltd. for CAD$0.45(approximately US$0.34) per unit in a private placement on the 16th of June 2017. Each unit consists of 1 share and 1 warrant.
- [F2]Pendinas Limited, which is 100% owned by Mr. G. Williams, acquired 900,000 units of Shoal Games Ltd. in a private placement. Each unit consist of 1 share and 1 warrant. The exercise price of the warrants is CAD$0.55 (approximately US$0.42) per share for the first six months following closing and $0.65 (approximately US$0.49) per share for the period which is 7-12 months following closing.