Shoal Games Ltd. Announces Third Quarter Results

ANGUILLA, B.W.I., November 14, 2016 / Shoal Games Ltd. (TSXV:SGW) (OTCQB:SGLDF) http://www.shoalgames.com (“the Company”), owner of Trophy Bingo (http://www.trophybingo.com), a mobile game live in the Apple, Google and Amazon App Stores, Garfield’s Bingo (http://www.garfieldsbingo.com), and Rooplay (http://www.rooplay.io), today announced its unaudited financial results for the third quarter ended September 30, 2016. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.

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Shoal Games Concludes it’s Rights Offering

ANGUILLA, B.W.I., October 18, 2016 / Shoal Games Ltd. (TSXV:SGW) (OTCQB:SGLDF) http://www.shoalgames.com (“the Company”), owner of Trophy Bingo (http://www.trophybingo.com), Garfield’s Bingo, and Rooplay today announced the completion of its Rights offering raising CAD$107,168 from the issuance of 172,681 common shares at an average price of CAD$0.626 per share. 49.9% of the shares issued were from the exercise of 861,723 Rights and 51.1% from those holders utilizing the Additional Subscription Privilege for over-allotment of shares. The Rights offering was only eligible for Canadian shareholders and Accredited shareholders in other jurisdictions under certain circumstances.

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Shoal Games Extends Rights Offering to October 12

ANGUILLA, B.W.I., October 5, 2016 / Shoal Games Ltd. (TSXV:SGW) (OTCQB:SGLDF) http://www.shoalgames.com (“the Company”), owner of Trophy Bingo (http://www.trophybingo.com), Garfield’s Bingo, and Rooplay today announced that further to the TSXV Exchange Bulletins dated, July 15, 2016 and July 19, 2016, the maturity date for the Rights Offering has been extended by 1 day due to the Thanksgiving Holiday.

For those wishing to exercise their Rights by submitting the Rights Certificate and payment directly to Computershare it is still recommended to submit them to Computershare as early as possible as per the directions on the Rights Certificate prior to noon on Tuesday, October 11, 2016.

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Shoal Games Licenses Rooplay and Provides Corporate Update

ANGUILLA, B.W.I., September 9, 2016 / Shoal Games Ltd. (TSXV:SGW) (OTCQB:SGLDF) http://www.shoalgames.com (“the Company”), owner of Trophy Bingo (http://www.trophybingo.com), a mobile game live in the Apple, Google and Amazon App Stores, and Garfield’s Bingo, currently in production and scheduled for a Q4 2016 release, today announced it is entering into a licensing arrangement with Rooplay Inc. to commercialize its innovative cloud-based gaming platform and consumer brand Rooplay. Initially developed in London, UK, the technology platform will be advanced by Shoal Games to prepare a unique product for launch in 2017. According to TechNavio cloud gaming will experience a CAGR (Compound Annual Growth Rate) of 29.33% during the period 2016-2020. Shoal Games will release more information on the development of its cloud gaming initiative in the coming months.

As part of the terms of the agreement, the co-founders of Rooplay, John Streit and Amir Shadmand, will assume advisory roles in Shoal Games to assist in the advancement of the technology and the launch of the product. John Streit has over 17 years of technology leadership, strategy, project management, technical architecture and digital production expertise. Until recently, John was the CTO OgilvyOne worldwide, London where he led local and dispersed teams of more than 100 members in the development and delivery of software applications to large commercial organisations. Amir Shadmand holds a PhD degree in mobile telecommunications from the King’s College London where he received a number of awards and grants in his research. Amir is an expert in mobile cloud gaming technologies and is the co-founder and CEO of SUPENTA, the makers of Flitchio which is the world’s first smartphone case with a built in game controller.

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