MoneyLine Sports, a SaaS technology company focused on developing licensed, digital streaming content and tools for the land-based and online gaming sector, is conducting a non-brokered private placement of up to 15 million units at 10 cents per unit. Each consists of a share and one common share purchase warrant. Each warrant gives the holder the right to purchase a share 25 cents for a period of 12 months.
MoneyLine intends to use the net proceeds of the private placement for working capital, marketing and corporate purposes. The news release did not mention any stock exchange the company may be contemplating for a listing. Read more.
