East Side Games Group raises $3.5M via private placement to strengthen finances and repay debt.

East Side Games Group announced a non-brokered private placement to raise up to $3.5 million by issuing 31.8 million units at $0.11 each, with each unit including one common share and one warrant exercisable at $0.14 for three years. Director Derek Lew plans to invest $1 million, increasing his stake significantly. The funds will be used to repay debt to the Royal Bank of Canada and cover operating expenses, supporting the company's turnaround strategy and future growth plans. The private placement is expected to close by May 8, 2026, pending TSX approval.