Carlyle Entertainment Ltd.

June 08, 2015 19:20 ET

Carlyle Entertainment Ltd.: Second Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 8, 2015) - Carlyle Entertainment Ltd. ("Carlyle" or "the Company") advises that it has received a Private Placement subscription to raise US $1,250,000.00 by issuing 1,000,000 common shares at a price of US$1.25 per common share.

The funds will be used for general working capital as Carlyle continues to develop its business.

This is the Company's second Private Placement. On February 19, 2015, the Company previously announced a Private Placement subscription and raised US $1,000,000.00 by issuing 1,000,000 common shares at a price of US$1.00 per common share.

There was no finder's fee or placement fee paid in connection with this placement.

About Carlyle:

Carlyle Entertainment Ltd specializes in owning and operating legal and licensed interactive software-based games of chance including sports wagering facilities that are offered as an online service accessible world-wide through the Internet in legal and licensed jurisdictions.

Carlyle utilizes electronic commerce or e-cash cryptography in a fully integrated player registration and cashier services. We offer our clients a simple process to open an account and a wide selection of payment options to deposit and withdraw funds.

Carlyle Entertainment Ltd. is the owner and operator of several Internet casino Web sites including the sites located at www.betcarlyle.com, www.carlylegaming.com, www.betcarlyle.eu and www.carlylegaming.eu.

Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company's control.

ON BEHALF OF THE BOARD

Sandy J Masselli Jr, Chief Executive Officer

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