Tangelo Games reinforces its development processes
The migration of its portfolio into the Unity platform is a core initiative. The first upgraded titles to be launched shortly.
Tangelo Games Satisfies Conditions to Waiver and Amendment to Credit Agreement
TORONTO, ONTARIO — (Marketwired) — 01/26/17 — Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL), a leading developer and operator of social casino games, announces that the Company has satisfied the outstanding conditions of the waiver and amendment agreement (the "Amendment") with its lenders to amend certain terms of its outstanding credit agreement (see press release dated January 10, 2017). Tangelo previously completed a secured debt finan
Tangelo Games Enters into Waiver and Amendment to Credit Agreement
TORONTO, ONTARIO — (Marketwired) — 01/10/17 — Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL), a leading developer and operator of social casino games, has reached an agreement with its lenders to amend certain terms of its outstanding credit agreement. Tangelo previously completed a secured debt financing pursuant to an amended and restated credit agreement dated November 16, 2015, which amended the terms of a prior credit agreement dated January 30,
Tangelo Negotiating Extension of Obligation to Lender
TORONTO, ONTARIO — (Marketwired) — 12/30/16 — Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL) announced today that, in light of its ongoing discussions with certain strategic investors regarding a recapitalization of its balance sheet, it is negotiating an extension of its principal repayment obligations to its lender, Third Eye Capital Corporation ("TEC"). TEC has been involved in the Company–s discussions with third-party investors and ha
Tangelo Games levels up with first Facebook Messenger chatbot within the Social Casino industry
TORONTO, ONTARIO — (Marketwired) — 12/21/16 — Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL), a leading developer and operator of social casino games, has launched a chatbot on Facebook Messenger, opening a new channel of communication with its gaming platform Best Casino–s players on both mobile and web channels and gearing the Company towards the future.The chatbot –Rich the Cat–, which features a Japanese lucky cat, is available to selected VIP
Tangelo Reports 2016 Third Quarter Financial Results
TORONTO, ONTARIO — (Marketwired) — 11/29/16 — Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL) reports its financial results for the third quarter of 2016 (the three and nine-month period ended September 30, 2016).HIGHLIGHTSAll figures CADTangelo Q3 results can be found on its website () or SEDAR (http://www.sedar.com/).Financial Results and Non-IFRS MeasuresThe Company has included certain Non-IFRS performance measures, namely EBITDA and adjusted EBIT
Tangelo Games Shortlisted in Three Categories at the EGR Operator Awards 2016
Tangelo Has Been Nominated in the Categories of Affiliate Programme, Social Operator and Slots Operator
Tangelo Grants Options
TORONTO, ONTARIO — (Marketwired) — 09/13/16 — Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL) reports that the Company has granted a total of 300,000 options to its investor relations consultant under the stock option plan of the Company. The options are exercisable at a price of $0.075 per option and shall expire on September 13, 2021. The options shall vest quarterly over a period of two years, all subject to the four-month regulatory hold period. T
Tangelo Reports 2016 Second Quarter Financial Results With Strong Mobile Revenue Growth
TORONTO, ONTARIO — (Marketwired) — 08/29/16 — Tangelo Games Corp. ("Tangelo" or the "Company") (TSX VENTURE: GEL) reports its financial results for the second quarter of 2016 (the three and six-month period ended June 30, 2016).Q2 HIGHLIGHTSAll figures CADStrong Business FundamentalsRevenue from the Company–s mobile games continued to grow at a rate that significantly outpaces the industry average, with 13% growth in Q2 2016 from Q1 2016, while performing in-line with i
Tangelo Provides Corporate Update
TORONTO, ONTARIO — (Marketwired) — 07/21/16 — . (TSX VENTURE: GEL) ("Tangelo" or the "Company") announces that it has appointed Dvir Ackerman as Head of New Product of Tangelo based in Tel Aviv. In his new role, Dvir will specify market requirements for current and future products, analyze and execute potential partner relationships for the Company and synchronize all product areas to deliver on the Company–s planned product pipeline.Dvir is a seasoned technology executi