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Nevada Gold & Casinos : SEC Receives Insider Trading Form Involving Nevada Gold & Casinos

07/31/2015 | 08:08am US/Eastern

Targeted News Service

WASHINGTON, July 31 - Nevada Gold & Casinos Inc. [UWN], Las Vegas, Nevada, was involved in the following insider trading activity on a Form 4 filed with the U.S. Securities and Exchange Commission:

INSIDER: William J. Sherlock

TITLE: Director

DATE RELEASED: July 30, 2015

DATE of ACTION: July 30, 2015

ACTION: Acquired

SHARES: 20,000 shares of common stock at $0.82 per share

NOW HOLDS: 100,000

EXPLANATION OF RESPONSES:

1. TRANSACTION CODE: The shares were issued upon Mr. Sherlock's exercise of an option to acquire 20,000 shares of common stock, as described in Table II.

2. PRICE OF DERIVATIVE SECURITY: Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise price is reported in column 2 of this Table II.

3. NUMBER OF DERIVATIVE SECURITIES BENEFICIALLY OWNED FOLLOWING REPORTED TRANSACTION: Includes options to acquire 15,000 shares at $1.25, exercisable through July 28, 2019 and 10,000 shares at $1.57, exercisable through July 27, 2021.

Link: http://www.sec.gov/Archives/edgar/data/277058/000120919115062921/xslF345X03/doc4.xml

Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; editor@targetednews.com; http://www.targetednews.com

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(c) 2015 Targeted News Service, source News Service

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