Shoal Games Ltd. announced that it has entered into a Line of Credit and Loan Agreement with Pendinas Ltd. and Mr. Tarrnie Williams, the Company's Executive Chairman for the provision of up to USD 5.0 million. The company may draw upon the facility in increments as needed for the support and development of Trophy Bingo, Garfield's Bingo, new business initiatives, and for general corporate purposes. Interest on outstanding advances will be charged at the Bank of Canada's prevailing rate plus 2%. No bonus shares or other securities are issuable under the Agreement. Pendinas and Mr. Williams are principal shareholders of the Company.

Shoal Games Ltd. announced it is entering into a licensing arrangement with Rooplay Inc. to commercialize its innovative cloud-based gaming platform and consumer brand Rooplay. As part of the terms of the agreement, the co-founders of Rooplay, John Streit and Amir Shadmand, will assume advisory roles in Shoal Games to assist in the advancement of the technology and the launch of the product. John Streit has over 17 years of technology leadership, strategy, project management, technical architecture and digital production expertise. Until recently, John was the CTO OgilvyOne worldwide, London where he led local and dispersed teams of more than 100 members in the development and delivery of software applications to large commercial organisations. Amir Shadmand is an expert in mobile cloud gaming technologies and is the co-founder and CEO of SUPENTA.