Press Releases 2017

Shoal Games Ltd. Closes Canadian $1,045,000 Financing

pdfANGUILLA, B.W.I., June 20, 2017 / Shoal Games Ltd. (TSX-V:SGW) (OTCQB:SGLDF) (the “Company”), mobile software developer, owner, and publisher of Rooplay (www.rooplay.com) and the Rooplay Originals games featuring Garfield, today announced that it has closed the non-brokered private placement financing previously announced on June 8, 2017. The oversubscribed financing totaled Canadian $1.045 million (the “Financing”) and consisted of 2,323,779 units priced at Canadian $0.45 per unit (“Units”). Each Unit was comprised of one common share and one share purchase warrant. Each share purchase warrant is exercisable into one common share of the Company for 12 months following closing. The exercise price of the warrants is Canadian $0.55 per share for the first six months following closing and Canadian $0.65 per share for the period which is 7-12 months following closing.

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Shoal Games Ltd. Announces Proposed Financing

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ANGUILLA, B.W.I., June 8, 2017 / Shoal Games Ltd. (TSX-V:SGW”) (OTCQB:SGLDF) (the “Company”), mobile software developer, publisher, and owner of Rooplay (www.rooplay.com), announces that it intends to complete a private placement financing for gross proceeds of up to $1,000,000 (the “Financing“), which is expected to consist of units, with each unit comprised of one common share and one share purchase warrant at a price of $0.45 per unit, or such other price per unit determined by the Company’s management in compliance with TSX Venture Exchange (the “Exchange“) pricing regulations.  Each share purchase warrant will be exercisable to acquire one common share of the Company at a price of $0.55 per share for the first six months after closing and at a price of $0.65 per share for the remaining 6 months following the closing of the Financing.

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Shoal Games Launches 10 Rooplay Originals featuring Garfield

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ANGUILLA, B.W.I., June 6, 2017 – Shoal Games Ltd. (TSXV:SGW) (OTCQB:SGLDF) (“the Company”), mobile software developer, publisher, and owner of Rooplay (www.rooplay.com), today announced that it has launched 10 Rooplay Original productions exclusively on Google Play.

In addition to publishing the Rooplay Originals directly onto its Rooplay platform, Shoal Games has also released all 10 of its recent productions featuring Garfield as stand-alone apps.  The games include Garfield 4 in a Row, Garfield Tic Tac Toe, Garfield Spot the Difference, Garfield Connect the Dots, Garfield Snakes and Ladders, Garfield Coloring Book, Garfield ABC’s, Garfield Math Bingo, Garfield Memory Match, and Garfield Puzzle.

As stand-alone games in the Google Play Store, all of the Rooplay Originals are initially free to download, but encourage users to also download the Rooplay platform where they can enjoy more than 500 different games in one app including the Rooplay Originals.  Users of the stand-alone apps are also capable of purchasing the complete single game with an in-app purchase should they desire.

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Shoal Games Secures Worldwide License to Renowned Moomins Brand

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ANGUILLA, B.W.I., May 23, 2017 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, publisher, and owner of Rooplay (www.rooplay.com), today announced that it has licensed the rights to the Moomins developed by Tove Jansson for inclusion in the Rooplay Originals.  The Moomins are iconic in Japan and across the Nordic countries including Sweden, Finland, and Norway.  Generating more than 700 million euro in retail value in 2016, the Moomins are among the Top 20 brands in the world and also one of the Top 10 International Brands in Japan.  The licensing deal enables Shoal Games to develop a series of games for families and children featuring the Moomins.

The Moomins are a fairytale family of “trolls” who have adventures with their friends and neighbours in Moomin Valley.  The Moomins, a much-loved creation of Finnish novelist, painter, illustrator and comic book artist Tove Jansson is the most recognized animation series ever made based on Finnish literature. The original books have been translated into over 50 languages. An animated 104-part series was drawn in 1990-92 by a Japanese production team, and has been dubbed in many languages and broadcast in over 100 countries.  A new television series, currently in production and directed by Oscar winning director Steve Box, is scheduled to be released in the spring of 2019.

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Shoal Games Announces Q1 Results and Research Update

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ANGUILLA, B.W.I., May 16, 2017 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, publisher, and owner of Rooplay (www.rooplay.com), today announced its unaudited financial results for the first quarter ended March 31, 2017. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.

Recent Shoal Games Ltd. highlights include:

  • Presentation of Rooplay, our innovative Edtech Games Platform, to mobile carriers at GSMA Mobile World Congress in Barcelona
  • Reduction of Q4 loss of $745,368 to Q1 loss of $383,947
  • Global Launch of Rooplay in 27 languages and 135 countries
  • Initiated distribution discussions globally with mobile carriers
  • Launches Rooplay with first international partner

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