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Bragg Gaming closes US$ 1.3 million private placement of 751,445 subscription receipts at US$ 1.73 each
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Bragg Gaming closes US$ 1.3 million private placement of 751,445 subscription receipts at US$ 1.73 each
  • Bragg Gaming Group closed a non-brokered private placement of 751,445 subscription receipts at USD 1.73 each, raising about USD 1.3 million.
  • Escrowed proceeds hinge on conditions tied to its planned acquisition of Drayton International; receipts convert into one share plus one non-transferable warrant.
  • Warrants run for 36 months from the transaction close, exercisable at USD 2.16 per share, with an acceleration feature if TSX VWAP clears a 25% premium.
  • Proceeds earmarked mainly for general corporate purposes and working capital; securities carry a four-month Canadian hold and US Rule 144 resale limits.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bragg Gaming Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-078764), on June 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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