TransGaming Inc.
TSX VENTURE : TNG

TransGaming Inc.

November 30, 2011 16:01 ET

TransGaming Announces Extension of Warrants

TORONTO, ONTARIO--(Marketwire - Nov. 30, 2011) - TransGaming Inc. (TSX VENTURE:TNG) ("TransGaming" or the "Company") today announced that it has chosen to extend the expiry date of certain warrants issued on December 23, 2009, originally expiring on December 23, 2011. The extension of the warrants was subject to warrant holders agreeing by written resolution to the Company's proposed extension of the expiry date by twelve months, with a new expiry date of December 23, 2012.

By extraordinary resolution requiring approval of 66 2/3% of warrant holders, the expiry date of the warrants was extended, as proposed, by twelve months to December 23, 2012. 6,365,887 warrants with an exercise price of $1.00 are affected. The exercise price of the warrants remains unchanged and the amendment remains subject to approval by the TSX Venture Exchange.

About TransGaming

TransGaming Inc. (TSX VENTURE:TNG) is the global leader in the multiplatform deployment of interactive entertainment. TransGaming works with the industry's leading developers and publishers to enable and distribute games for Smart TV set-top boxes, Mac computers, and Linux/CE platforms. TransGaming is headquartered in Toronto, Canada, with offices in Ottawa and Atlanta. To learn more about TransGaming visit www.transgaming.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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