AMAYA GAMING RAISES FUNDS


July 13,2012 : AMAYA GAMING RAISES FUNDS TO DEVELOP INTERACTIVE PLATFORM
 
Private Placement of Common Shares yields total of CAD$107.4 Million
 
Amaya Gaming Group Inc. (Amaya) announced the final closing under its private placement financing initiated in May 2012 raising CAD$107 408 430 in total funding which it said the company will use towards the design and development of an interactive platform.
 
Amaya intends the new platform to facilitate and extend the integration capabilities of cross-media gaming content distribution through various online, mobile and social media channels.
 
The company issued 952 200 additional common shares under the Private Placing at $4.05 per Common Share, for additional gross proceeds of CAD$3,856,410.
 
Gross proceeds raised include those raised under the first closing.