skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Can you explain in simpler terms what Aya.wt entitles you to---is it a reasonable way to play Amaya?


Amaya Gaming Group Inc
Symbol C : AYA
Shares Issued 50,205,397
Recent Sedar Documents

View Original Document
Amaya Gaming 28,750-special-warrant private placement


2012-02-17 19:49 ET - Private Placement - Debenture


The TSX Venture Exchange has accepted for filing the documentation with respect to a brokered private placement for Amaya Gaming Group Inc. announced on Dec. 15, 2011, and Jan. 11, 2012:

Number of special warrants: A total of 28,750 special warrants, each automatically convertible, for no additional consideration, into: (i) one unsecured subordinated debenture having a $1,000 par value and convertible into common shares, and (ii) 50 common share purchase warrants, each entitling its holder to acquire one common share at a price of $3 per common share until April 30, 2015. The special warrants will automatically convert upon filing of a final short form prospectus qualifying for distribution the convertible debentures and the warrants within 80 days following the closing date of the private placement. If a final receipt for such prospectus is not obtained on or before March 31, 2012, each special warrant will thereafter entitle the holder thereof to receive, upon conversion, at no additional consideration, 1.1 convertible debentures (instead of one convertible debenture) and 55 warrants (instead of 50 warrants), resulting in the issuance of a total of 31,625 convertible debentures and 1,581,250 warrants.

Purchase price: $1,000 per special warrant

Convertible debenture: $28.75-million (an additional $2,875,000 of debentures could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)

Conversion price: convertible into common shares at a price of $3.25 per common share until April 30, 2014

Maturity date: April 30, 2014

Interest rate: 10.5 per cent per year

Warrants: 1,437,500 warrants to purchase 1,437,500 common shares (an additional 143,750 warrants could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)

Warrants exercise price: $3 until April 30, 2015
Read Answer Asked by Bryon on August 30, 2013
Q: Hi,
Regarding AYA and it's move to the TSX; would this increase the likelihood of it becoming a dividend payer in the future; if so, any idea when (i.e. what kind of data points would lend themselves to determining this)? I know the financials and company strategy don't lend themselves to this right now but I would be curious as to your thoughts on this.
Thanks for the awesome service!
Cheers,
Mike
Read Answer Asked by Mike on August 26, 2013
Q: Hi Peter,

I am new to investing and to 5i and am a regular reader. I join the many others in thanking you for the service you provide. It is a great resource for a rookie like me.
I intend to start investing (small) and after reading the many Q’s and A’s have focused in on LIF, AYA, SYZ and SGY. I am looking for short term growth. Finally the questions… which do you think are the top two of these four to start with? And should I buy now or do you think the market will take a downturn throughout Sept and Oct as it seems to do each year?
Many thanks again.
Read Answer Asked by Rob on August 21, 2013