MIKOHN COMPLETES $8.25 MILLION SALE OF SHARES

August 11, 2001 10:28 PM
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Mikohn Gaming completed the sale of $1.5 million of its common shares to investors, with gross proceeds reaching $8.25 million.

The Corporation will use the funds to make payments for general working capital and allocating senior credit. The shares are not yet eligible for resale with the Securities and Exchange Commission.

Mikohn is a prominent developer, manufacturer and marketer of slot machines and table games such as Yahtzee, Battleship and Ripley's Believe It or Not.