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TransGaming Announces Extension of Warrants

ID: 1327448
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(businesspress24) - TORONTO, ONTARIO -- (Marketwired) -- 12/29/14 -- TransGaming Inc. (TSX VENTURE: TNG) ("TransGaming" or the "Company") today announced that it has chosen to extend the expiry date of certain warrants issued on January 17, 2013, originally expiring on January 17, 2015. The extension of the warrants was subject to warrant holders agreeing to the Company''s proposed extension of the expiry date by twelve months, with a new expiry date of January 17, 2016.

By unanimous agreement of warrant holders, the expiry date of the warrants was extended, as proposed, by twelve months to January 17, 2016. 3,769,500 warrants with an exercise price of $0.12 are affected. The exercise price of the warrants remains unchanged and the amendment remains subject to approval by the TSX Venture Exchange.

About TransGaming

TransGaming Inc. (TSX VENTURE: TNG) is the global leader in developing and delivering platform-defining social video game experiences to consumers around the world. From engineering essential technologies for the world''s leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. TransGaming''s core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as technology licensing for cross-platform game enablement, software 3D graphics rendering, and parallel computing. Discover more at: .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
TransGaming Inc.
Ankit Patel
Senior Director of Finance
+1 416 979-9900 x336



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published by: Marketwired
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Date: 12/29/2014 - 21:00
Language: English
News-ID 1327448
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Firma: TransGaming Inc.
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Stadt: TORONTO, ONTARIO
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