Shoal Games Ltd. Extends Private Placement To June 7th, 2016

ANGUILLA, BRITISH WEST INDIES–(Marketwired – May 31, 2016) – Shoal Games Ltd. (TSX VENTURE:SGW)(OTCQB:SGLDF) (“the Company”), owner of Trophy Bingo (http://www.trophybingo.com), a mobile game live in the Apple, Google and Amazon App Stores, and Garfield Bingo, currently in production and scheduled for a Q4 2016 release, announces that it will extend the closing date for the second stage of its current private placement (the “Offering”) to June 7^th, 2016. To date the Company has closed on Offering proceeds of CAD$902,760. Stockhouse Publishing will continue to host the Offering through its online Deal Room at www.Stockhouse.com. Shares issued on closing of the Offering have a four month hold period from the date of issue. Final approval of the TSX Venture Exchange has been received for the Offering.

Source: http://www.marketwired.com/mw/release.do?id=2129511&sourceType=3