Original News Release
Jackpot Digital arranges $1.35-million financing
Mr. Jake Kalpakian reports
JACKPOT DIGITAL ANNOUNCES PRIVATE PLACEMENT
Jackpot Digital Inc., further to the reservation price submitted to the TSX Venture Exchange on July 24, 2025, intends to conduct a non-brokered private placement to raise gross proceeds of $1.35-million at the price of nine cents per unit through the issuance of 15 million units of the company. Each unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to acquire one common share of the company at the price of 10 cents per common share for a period of five from the closing date.
Finders' fees may be payable in respect to the private placement and certain insiders may participate in the private placement. The funds raised will be used towards general working capital. The private placement is subject to exchange approval.
The securities that may be issued in connection with the above shall include a four-month-and-one-day hold period in accordance with applicable securities laws.
About Jackpot Digital Inc.
A positive disruptor in the casino business, Jackpot Digital is a leading manufacturer of dealerless multiplayer electronic poker tables for the cruise ship and land-based regulated casino industries. The company specializes in dealerless poker, which is complemented by a robust suite of back-end tools for casino operators to efficiently control and optimize their poker business.
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