React Gaming Group Inc. announced a non-brokered private placement to issue 66,666,667 units at a price of CAD 0.06 per unit, for the gross proceeds of CAD 4,000,000 on May 1, 2023. Each unit consists of one common share and one common share purchase warrant with each Warrant entitling its holder to acquire one Share at a price of CAD 0.10 for a period of 48 months following the closing of the transaction. All securities issued under the transaction will be subject to a hold period that will expire four months and one day from the date of the applicable closing of the transaction and is subject to the approval of the TSX Venture Exchange.