(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


  • 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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  • Mar 4
  • SEVEN ACES LIMITED ADMITTED INTO NASDAQ INTERNATIONAL


    (Toronto: March 4, 2020) Seven Aces Limited (the "Company") (TSXV: ACES, OTC: ACEXF) is pleased to announce that the Company has been admitted into the NASDAQ International Designation program under the symbol "OTC – NASDAQ Intl: ACEXF". Through its membership, the Company will have access to the NASDAQ's investor marketing programs and investor relations services to increase the visibility of the Company to the U.S. investment community. The Company's common shares listed on the TSX Venture Exchange will continue to trade under the symbol ACES.

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  • Feb 27
  • SEVEN ACES LIMITED COMPLETES 25th ACQUISITION AND ACQUIRES SEVEN GAMING CONTRACTS

    February 27, 2020

    (Toronto: February 27, 2020) Seven Aces Limited (the "Company") (TSXV: ACES) 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$1,850,135 (the "Topaz Acquisition") and four location contracts from J&G Amusement Inc. ("J&G") in exchange for cash consideration of US$1,527,488 on closing (the "J&G Acquisition", together with the Topaz Acquisition, the "Acquisitions")). Pursuant to the terms of the J&G Acquisition, J&G is entitled to additional consideration payable in the event of the satisfaction of certain conditions related to post-closing revenue generation. The amount of the additional consideration, if any, which may become payable to J&G will be determined by reference to the actual performance of the acquired location contracts. In the event that the acquired location contracts materially outperform historical results, the additional consideration payable may materially increase the aggregate purchase price paid for the contracts acquired from J&G.

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Latest Financial Reports

Interim Consolidated Financial Statements for the Quarter Ended September 30, 2019

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Management’s Discussion and Analysis for the Quarter Ended September 30, 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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