Jackpot Digital : Announces Convertible Debenture Financing

About this update from Jackpot Digital Inc.

NEWS RELEASE JACKPOT DIGITAL ANNOUNCES CONVERTIBLE DEBENTURE FINANCING Vancouver, British Columbia. April 7, 2026 - Jackpot Digital Inc. (the "Company" or "Jackpot") (TSX-V: JJ) (US OTCQB: JPOTF) (Frankfurt Exchange: LVH3) announces that it intends to conduct a convertible debenture financing to raise up to Cdn$2,100,000 in gross proceeds (the "Debentures"). The Debentures will pay interest at the rate of 10% per annum and will mature sixty (60) months from the date of issuance (the "Maturity Date"). The Debentures shall be convertible at the conversion price of Cdn$0.06 per common share in the first year and at the conversion price of Cdn$0.10 per common share in subsequent years. In addition, the Company shall issue up to 35,000,000 share purchase warrants (the "Warrants"), whereby each Warrant shall entitle the debenture holder to purchase one Jackpot common share at the price of Cdn$0.07 per common share in the first and second years and at the price of Cdn$0.10 per common share in subsequent years. The proceeds from the financing will be utilized to cover regulatory licensing fees and related expenses in multiple jurisdictions, industry product certifications and for general working capital. It is anticipated that there will be insider participation in the debenture financing. The securities that may be issued in connection with the debenture financing shall include a hold period by applicable securities laws in Canada and the USA. There may be finder's fees payable with respect to the financing under the policies of the Exchange. The above transaction is subject to the approval of the Exchange. About Jackpot Digital Inc. A positive disruptor in the casino business, Jackpot Digital Inc. is the leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681-0204 ext. 6105, or visit the Company's website at https://www.jackpotdigital.com. On behalf of the Boar...

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