Last $187.08 USD
Change Today +8.09 / 4.52%
Volume 4.8M
WYNN On Other Exchanges
Symbol
Exchange
WYNN is not on other exchanges.
As of 8:10 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Marketwire  07/14/2014 6:03 PM ET
Intertain Debentures and Warrants to Commence Trading on July 16, 2014

TORONTO, ONTARIO -- (Marketwired) -- 07/14/14 -- The Intertain Group Limited ("Intertain" or the "Company") (TSX: IT) announces that it has received confirmation from the TSX that the debentures and warrants issued by the Company today will commence trading on July 16, 2014.

The debentures and warrants were issued as part of equity-linked debenture units consisting of one $1,000 senior secured debenture and 40 warrants. In addition, warrants were also issued as part of equity units consisting of one common share and one quarter of one warrant.

The warrants are exercisable at a price of $7.75 per warrant until July 10, 2016. Each warrant is subject to a 30-day forced exercise provision at the Company's option if the Company's daily volume weighted average share price has been 50% greater than the exercise price (namely greater than $11.62) for 20 consecutive trading days.

The warrants and debentures will trade under the symbols IT.WT and IT.DB.A, respectively.

About The Intertain Group Limited

Intertain is an online gaming company, which provides entertainment to a global consumer base. Intertain currently offers casino, bingo and poker games to its customers using the InterCasino, InterPoker, Costa and other brands. The InterCasino and InterPoker gaming platform is supplied by Amaya Gaming Group Inc. and its bingo offering operates off of the Dragonfish platform, a leading bingo software service provided by 888 Holdings plc.

Forward-Looking Statements

Information in this press release that is not current or historical factual information may constitute forward-looking information, including future-oriented financial information and financial outlooks, within the meaning of securities laws, including the timing and value of revenue and earnings growth potential. This information is based on certain assumptions regarding expected growth, results of operations, performance, and business prospects and opportunities. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Forward-looking information is subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from what the Company currently expects. These risks, uncertainties and other factors include, but are not limited to: credit, market, currency, operational, liquidity and funding risks, including changes in economic conditions, interest rates or tax rates, limited operating history, the heavily regulated industry, competition issues, the impact of change in regulations or industry standards, international operations and risks of foreign operations, the Company's capital structure, funding strategy, share price and the Company's ability to protect its intellectual property. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.

Contacts: The Intertain Group Limited Rob Chalmers 1.647.402.7552 rchalmers@intertain.com

Source: The Intertain Group Limited

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WYNN:US $187.08 USD +8.09

Industry News

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WYNN RESORTS LTD, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.