SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
April 24, 1997 (April 2, 1997)
ADVANCED GAMING TECHNOLOGY, INC.
(Exact Name of Registrant as Specified in Charter)
2482-650 West Georgia Street, P.O. Box 11610
Vancouver, British Columbia, Canada V6B 4N9
(Address of Principal Executive Offices)
Wyoming 000-21991 98-0152226
(State of Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification
No.)
Registrant's telephone number, including area code:
(604) 689-8841
(Former Name or Former Address, if Changed Since Last
Report)
<PAGE>
Item 9. Sales of Equity Securities Pursuant to Regulation
S.
Information concerning recent sales by the registrant
of equity securities that were not registered under the
Securities Act of 1933 in reliance upon Regulation S under
that Act is set forth below. No underwriters were involved
in the transactions and the registrant did not publicly
offer any securities.
(a) Effective as of April 4, 1997, an aggregate of
38,357 shares were issued in payment in advance of the first
three months interest in respect of certain convertible
debentures, as follows: Josef Schonkopf, 15,080 shares;
Yitzchak L. Hirsch, 14,200 shares; and Lockwood Resources
Limited, 9,077 shares.
(b) Effective as of April 2, 1997, an aggregate of
1,150,000 shares were issued upon conversion of certain
convertible promissory notes, as follows: Robert Hand,
200,000 shares upon conversion of a $50,000 note dated
January 1996, at $0.25 per share; Bank Sal. Oppenheim jr. &
Cie (Schweiz) AG, 900,000 shares upon conversion of a
$225,000 note dated January 5, 1996, at $0.25 per share; and
Creel Investment Corp., 50,000 shares upon conversion of a
$25,000 note, at $0.50 per share.
(c) Effective as of April 7, 1997, 100,000 shares to
Samuel John Dear, by application of $25,000 paid to Mr. Dear
in respect of an overdue loan, at $0.25 per share.
(d) Effective as of April 15, 1997, an aggregate of
22,364 shares in payment in advance of the first three
months interest in respect of certain convertible
debentures, as follows: Mayer Kaufman, 3,207 shares; Thomson
Kernaghan & Co. Ltd., 6,328 shares; and Passy Holding,
12,829 shares.
(e) Effective as of April 16, 1997, 3,026 shares to
Elizabeth Mayer in payment in advance of the first three
months interest in respect of a convertible debentures.
(f) Effective as of April 14, 1997, 450,000 shares to
Bank Sal. Oppenheim jr. & Cie (Scheiz) AG upon exercise at
$0.50 per share of 450,000 warrants issued in connection
with a certain $225,000 promissory note dated January 5,
1996.
(g) Effective as of April 14, 1997, 400,000 shares to
Beauchamp International Ltd. upon exercise of a stock option
at $0.25 per share, issued in lieu of salary, consulting
fees or commission.
(h) Effective as of April 15, 1997, 50,000 shares to
Godinho and Sinclair Investments upon conversion of a
$25,000 convertible promissory note dated April 24, 1996, at
$0.50 per share.
(i) Effective as of April 14, 1997, 200,000 shares to
Listmore Trading Ltd. upon conversion of a $100,000
convertible promissory note dated April 23, 1996, at $0.50
per share.
(j) Effective as of April 14, 1997, 50,000 shares to
Frank A. Roberts upon conversion of a $25,000 convertible
promissory note dated April 18, 1996, at $0.50 per share.
(k) Effective as of April 14, 1997, 100,000 shares to
Slade Securities Limited upon conversion of a $50,000
convertible promissory note dated April 18, 1996, at $0.50
per share.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
ADVANCED GAMING TECHNOLOGY, INC.
By: /s/ Firoz Lakhani, President
Dated: April 24, 1997 Firoz Lakhani, President
DC1DOCS1.50958
