Tag: C-218
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Flashback: FansUnite (FANS.C) closes upsized $24.7 million growth capital financing
Originally posted July 16, 2021 FansUnite Entertainment (FANS.C) announced the closing of their public offering, which raised gross proceeds of $24,792,390. FANS issued 27,547,100 units for the offering, which they sold at $0.90 a piece. Each unit consisted of one share and one-half of a common share warrant. Every full warrant allows its holder to…
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FansUnite (FANS.C) CEO applauds passage of bill legalizing betting on individual sport events
FansUnite Entertainment (FANS.C) CEO Scott Burton issued a statement following the House of Commons passing Bill C-218 on April 22, 2021. The bill, known as “The Safe and Regulated Sports Betting Act,” would make betting on individual sport events legal in Canada. Currently, it is only legal to engage in parlay-style bets, which are when…