(BRAG.V) Mar. 14, 2019 – Bragg Gaming Group Inc. has filed a final short-form prospectus and obtained a receipt in each of the provinces of British Columbia, Alberta and Ontario to qualify the distribution of 27,058,802 units issuable upon the deemed exercise of 27,058,802 equity special warrants of the company previously issued on Dec. 20, 2018 on a private-placement basis pursuant to prospectus exemptions under applicable securities legislation.

Each unit is comprised of one common share of the company and one share-purchase warrant, with each warrant exercisable into a common share of the company at an exercise price of $0.76 per share until Nov. 29, 2020.

The prospectus also qualifies the distribution of 1,601,784 compensation options issuable upon exercise of 1,601,784 special warrant compensation options of the company which were issued to Eight Capital, Canaccord Genuity Corp. and Haywood Securities Inc. as partial consideration for their services rendered in connection with the offering. Each compensation option is exercisable into a nit at an exercise price of $0.51 per unit until Nov. 29, 2020.

As a result of obtaining the receipt, the company has delivered a notice to the special warrant agent that the special warrants shall be deemed to be exercised on Mar. 14. The special warrant compensation options shall also be deemed exercised on Mar. 14, 2019 in accordance with their terms. Following the deemed exercise of the special warrants and the special warrant compensation options, the company will issue the units to the purchasers under the offering, and the compensation options to the agents.

Bragg Gaming Group is a next-generation company formed by a group of gaming industry veterans. Built on the foundation of the recently acquired Oryx, a turnkey gaming solution provider in a significant growth stage, Bragg focuses on the newly emerging area of legalized U.S. sports betting and the burgeoning e-sports industry, paving the way to become a global leader in the new gaming frontier.

Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

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