Poydras Gaming Finance Corp. to Host First Quarter Results Investor Conference Call on May 24, 2017
VANCOUVER, May 11, 2017 /CNW/ - POYDRAS GAMING FINANCE CORP. (TSX-V: PYD) (OTCQX: PYDGF) ("Poydras" or the "Company") today announced that it will hold a conference call to discuss the results for its first quarter ended March 31, 2017. The call will be hosted by Peter Macy, CEO, and Adam Kniec, CFO on Wednesday, May 24, 2017 at 8:00 a.m. PST (11:00 a.m. EST), and followed by a question and answer period. All interested parties are invited to participate.
The Company will report its financial results for the fourth quarter on or before May 24, 2017.
Conference Call Details:
DATE: |
Wednesday, May 24, 2017 |
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TIME: |
8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time |
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DIAL IN NUMBER: |
North America Toll-Free Dial-In Number: |
1 (888) 231-8191 |
For Toronto: |
(647) 427-7450 |
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For Vancouver: |
(778) 371-9827 |
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CONFERENCE ID: |
22595298 |
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TAPED REPLAY: |
1 (855) 859-2056 Reference number: 22595298 |
For additional information please see the SEDAR website at www.sedar.com.
Grant of Restricted Share Units ("RSUs") and Stock Options
On April 21, 2017, the Board of Directors of the Company approved the grant of 620,000 restricted share units to certain directors, officers, and employees of the Company, subject to the meeting of certain vesting and performance conditions. The restricted share units were granted in accordance with the Company's fixed restricted share unit plan.
On April 26, 2017, the Company granted 170,000 stock options to its directors. Directors' stock options vested on the date of grant. These stock options can be exercised at the price of $C0.55 per share until April 26, 2022. The options were issued in accordance with the Company's existing fixed stock option plan.
About Poydras Gaming Finance Corp.:
Poydras Gaming is a regional slot route operator with approximately 2,600 gaming machines in operation across over 25 casinos in Oklahoma and Texas. The Company primarily derives its revenue from short- and long-term revenue share contracts with Native American casinos. It provides gaming equipment such as slot machines and electronic table games, and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company works with casinos, new casino developments, and gaming machine suppliers. In addition, it distributes casino and bingo equipment, and offers direct and online sales of gaming supplies for poker and bingo. Additional information about the Company can be found on the Company's website at www.poydrasgaming.com and on the SEDAR website at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Poydras Gaming Finance Corp.
Craig MacPhail, Investor Relations | NATIONAL Equicom, T: 416.586.1938, E: [email protected]; James Kim, VP of Corporate Development, Poydras Gaming Finance Corp., T: 604.683.8393, E: [email protected]
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