Business
Shoal Games Completes AGM and Corporate Update
(via TheNewswire) ANGUILLA, B.W.I., / TheNewswire / November 2, 2017 / Shoal Games...
About this update from Kidoz Inc
[{"type":"text","content":"Shoal Games Completes AGM and Corporate Update(via TheNewswire)\n \n \nANGUILLA, B.W.I., / TheNewswire / November 2, 2017 / Shoal Games Ltd. (TSX-V:SGW) (OTCQB:SGLDF) (the \"Company\"), mobile software developer, owner, and publisher of Rooplay (http://www.rooplay.com) and the Rooplay Originals games featuring Garfield, Moomin, and Mr. Men & Little Miss today announced that it has completed its Annual General Meeting (AGM) in Anguilla B.W.I. \n\n\n \nAt the meeting, the Shoal Games shareholders re-elected the Board of Directors; reappointed the Auditors; re-affirmed the option plan; and discussed the results of 2016 and the first 9 months of 2017 which culminated in the successful financing of US$1,055,773 to help grow the Company in the coming months. \n\n\n \nAt the AGM the Company also formed a new Advisory Board of two founding members who will assist the Shoal Games team to successfully meet its objectives. Joining the Shoal Games advisory board are Stan Chow and Dave Long. \n\n\n \nStan Chow is a 25-year digital media executive and entrepreneur who has held executive and management positions at Disney, Zynga and Electronic Arts across North America and East Asia. Stan is currently the Entrepreneur in Residence at Vanedge Capital.\n\n\n \nDave Long is an entrepreneur and inventor of the blockbuster Scene It? DVD game which sold more than 20 million copies and was acquired by Paramount Pictures. Dave's current venture, Exponential Entertainment, focuses on the development of digital and mobile games and has been creating interactive games for Comcast's X1 platform.\n\n\n \nThe Shoal Games team continues to develop new educational game content for the Rooplay platform, obtain additional Brands to expand the Rooplay Originals titles, and engage distribution partners worldwide on a revenue share basis. The next pending release is \"Moomin Learn English\" where players from around the world can learn English while playing games.\n\n\n \nThe Company also announced that it has completed the final tranche and closed its non-brokered private placement financing previously announced on September 12, 2017. The Financing totaled US$1,055,773 (the \"Financing\") and consisted of 3,016,495 units priced at US$0.35 per unit (\"Units\"). Each Unit was comprised of one common share and one share purchase warrant. Each share purchase warr...