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  • Nov 4, 2024

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    • 3:04PM ET on Monday Nov 04, 2024 by Newsfile
      Companies Mentioned: JPOTF

      Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (FSE: LVH3) (the "Company" or "Jackpot") announces that pursuant to the Asset Purchase Agreement entered into between the Company and 52 Gaming Inc. ("52 Gaming") on February 10, 2021, the parties have entered into an agreement to extinguish all current royalty payments totaling US$375,000, of which US$75,000 has been paid, and all future royalty payments, by issuing 3,000,000 common shares of the Company at the price of $0.14 per share, and 2,000,000 share purchase warrants, exercisable at the price of $0.14 per share for a period of five (5) years. The issuance of securities to 52 Gaming represents a full and final settlement of all the Company's royalty payment obligations to 52 Gaming. All securities that may be issued in connection with the agreement will include a hold period in accordance with applicable securities laws.

    • 3:04PM ET on Monday Nov 04, 2024 by Dow Jones
      Companies Mentioned: JPOTF, JJ

      Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (FSE: LVH3) (the "Company" or "Jackpot") announces that pursuant to the Asset Purchase Agreement entered into between the Company and 52 Gaming Inc. ("52 Gaming") on February 10, 2021, the parties have entered into an agreement to extinguish all current royalty payments totaling US$375,000, of which US$75,000 has been paid, and all future royalty payments, by issuing 3,000,000 common shares of the Company at the price of $0.14 per share, and 2,000,000 share purchase warrants, exercisable at the price of $0.14 per share for a period of five (5) years. The issuance of securities to 52 Gaming represents a full and final settlement of all the Company's royalty payment obligations to 52 Gaming. All securities that may be issued in connection with the agreement will include a hold period in accordance with applicable securities laws.
  • Nov 1, 2024