Village Gamer

TransGaming Inc. has announced that it granted options to purchase 1,388,000 common shares under the Company’s stock option plan, of which 389,000 were granted to directors and officers. The granted options have an exercise price of $0.475 (being the January 10, 2012 closing price of the shares on the TSX Venture Exchange), vest 1/4 each year on June 1 from 2012-2015, and expire on January 11, 2017.The stock option grants remain subject to acceptance for filing by the TSX Venture Exchange under Policy 4.4 (“Incentive Stock Options”) of the TSX Venture Exchange Corporate Finance Manual.