(416).477.3400
info@sevenaces.com
79 Wellington Street West
Suite 1630, PO Box 138
Toronto, Ontario M5K 1H1
Share Price: $15.51
Change: +0.07
Today’s Volume: 118,798

Welcome to Seven Aces


Investment News


  • May 01
  • SEVEN ACES LIMITED ACQUIRES TWO ADDITIONAL GAMING CONTRACTS

    Toronto: May 1, 2020

    (Toronto: May 1, 2020) Seven Aces Limited (the "Company") (TSXV: ACES, OTC: ACEXF) announced that its 70% owned subsidiary, Lucky Bucks, LLC ("Lucky Bucks"), has acquired two additional gaming contracts from digital skill-based gaming terminal operators based in the U.S. State of Georgia. Lucky Bucks acquired these location contracts from Guggle Amusement, Inc. in exchange for cash consideration of US$867,392 (the "Acquisition"). Lucky Bucks funded the purchase price for the Acquisition through an advance under the credit facility described in the press release of the Company dated January 29, 2020 and titled "Seven Aces Limited Announces New US$165 Million Credit Facility and Acquisition of Additional Gaming Contracts". The gaming contracts that have been acquired are fully licensed and governed by the Georgia Lottery Corporation, and offer players a variety of skill-based coin-operated amusement machines.

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  • Apr 31
  • SEVEN ACES LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2019

    Toronto: April 30, 2020

    (Toronto: April 30, 2020) Seven Aces Limited (the "Company" or "Aces") (TSXV: ACES, OTC: ACEXF) is pleased to announce the filing of its financial results for the year ending December 31, 2019. For more information, please see the consolidated financial statements of the Corporation for the year ended December 31, 2019 and the related management's discussion and analysis, which are available electronically on SEDAR (www.sedar.com) under Aces' issuer profile at. All figures are in U.S. dollars unless otherwise noted.

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  • Mar 25
  • SEVEN ACES LIMITED ANNOUNCES NEW US$165 MILLION CREDIT FACILITY AND ACQUISITION OF ADDITIONAL GAMING CONTRACTS

    March 25, 2020

    (Toronto: March 25, 2020) Seven Aces Limited (the "Company") (TSXV: ACES, OTC: ACEXF) is pleased to announce that its 70% owned subsidiary, Lucky Bucks, LLC ("Lucky Bucks"), has acquired seven additional gaming contracts from digital skill-based gaming terminal operators based in the U.S. State of Georgia. Lucky Bucks acquired three location contracts from Topaz Amusement, LLC in exchange for cash consideration of US$1,220,465 (the "Topaz Acquisition") and four location contracts from J & G Amusement, Inc. ("J&G") in exchange for cash consideration of US$2,475,000 on closing (the "J&G Acquisition", together with the Topaz Acquisition, the "Acquisitions")). Pursuant to the terms of the J&G Acquisition, the aggregate purchase price payable to J&G will be adjusted up or down based on the actual performance of the acquired location contracts. In the event that the performance of the acquired location contracts materially differs from historical results, the aggregate purchase price paid for the contracts acquired from J&G may materially increase or decrease.

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Latest Financial Reports

CONSOLIDATED FINANCIAL STATEMENTS For the year ended December 31, 2019 and ten month period ended December 31, 2018

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MANAGEMENT'S DISCUSSION AND ANALYSIS FOR THE YEAR ENDED DECEMBER 31, 2019

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About us

We are a team of dedicated professionals, working to unlock value for our partners and investors.

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Investors

Our objective is to create long-term value for shareholders by acquiring and building industry-leading businesses in the gaming, skill gaming, and gaming related markets

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Our Investments

We partner with well-managed companies in the gaming and skill gaming industries that have substantial free cash flow

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