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TransGaming Inc. Stock Option Grant(November 24, 2011)
TORONTO, ONTARIO -- (Marketwire) -- 11/24/11 -- TransGaming Inc. (TSX VENTURE:TNG) ("TransGaming" or the "Company") announced today that on November 23, 2011 it granted options to purchase 100,000 common shares under the Company's stock option plan to a person performing investor relations activities. The granted options have an exercise price of $0.57 (being the November 22, 2011 closing price of the shares on the TSX Venture Exchange), vest 1/4 each year on June 1 from 2012-2015, and expire on November 23, 2016. The stock option grants remain subject to acceptance for filing by the TSX Venture Exchange under Policy 4.4 ("Incentive Stock Options") of the TSX Venture Exchange Corporate Finance Manual.
About TransGaming Inc.
TransGaming Inc. (TSX VENTURE:TNG) is the global leader in the multiplatform deployment of interactive entertainment. TransGaming works with the industry's leading developers and publishers to enable and distribute games for Smart TV set-top boxes, Mac computers, and Linux/CE platforms. TransGaming is headquartered in Toronto, Canada, with offices in Ottawa and Atlanta. To learn more about TransGaming visit www.transgaming.com.
Neither 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.
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