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):
June 18, 1997 (May 29, 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)
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, except that a finder's fee of 12% was
paid to Select Capital Advisors, Inc. in connection with the
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sale of the convertible debentures, and the registrant did
not publicly offer any securities.
(a) Effective as of May 29, 1997, an aggregate of
941,076 shares were issued upon conversion of convertible
debentures, as follows: Asia Equities, Inc., 196,078 shares
upon conversion of $80,000 of a $300,000 debenture; Josef
Schonkopf, 122,549 shares and 382,653 shares upon
conversions of $50,000 and $150,000 of a $312,500 debenture;
Lockwood Resources Limited, 95,663 shares upon conversion of
$37,500 of a $187,500 debenture; and Elizabeth Mayer, 16,582
shares upon conversion of $6,500 of a $62,500 debenture.
(b) Effective as of May 29, 1997, 71,400 shares to
Kimbell Holdings Ltd. upon conversion of a promissory note
issued to secure payment of a finder's fee.
(c) Effective as of June 4, 1997, 84,710 shares to
Richard L. Coglon Law Corporation as partial payment of a
finder's fee.
(d) Effective as of June 6, 1997, an aggregate of
678,286 shares upon conversion of convertible debentures, as
follows: Elizabeth Mayer, 118,644 shares upon conversion of
$56,000 of a $62,500 debenture; Thomson, Kernaghan & Co.
Ltd., 264,831 shares upon conversion of a $125,000
debenture; and Passy Holding, 294,811 shares upon conversion
of $125,000 of a $250,000 debenture.
(e) Effective as of June 9, 1997, an aggregate of
42,716 shares in payment in advance of the first three
months interest in respect of certain convertible
debentures, as follows: UFH Endowment Ltd., 14,044 shares;
Austost Anstalt Schaan, 14,044 shares; EBC Zurich AG, 1,744
shares; Richmond Capital Management Limited, 4,030 shares;
De Affiliate, 4,359 shares; and Alfred H. Maniotti, 4,495
shares.
(f) Effective as of June 13, 1997, 100,000 shares each
to Terry Sklavenitis and Robin Smith upon each's conversion
of a $25,000 promissory note.
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(g) Effective as of June 13, 1997, 121,359 shares to FT
Trading upon conversion of $50,000 of a $275,000 convertible
debenture.
(h) Effective as of June 13, 1997, 191,327 shares to
Passy Holding upon conversion of $75,000 of a $250,000
convertible debenture.
(i) Effective as of June 13, 1997, 72,674 shares to
Mayer Kaufman upon conversion of $25,000 of a $62,500
convertible debenture.
(j) Effective as of June 16, 1997, 69,444 shares to
Paril Holding upon conversion of $25,000 of a $400,000
convertible debenture.
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.
June 18, 1997
By: /s/ Robert C. Silzer, Jr.
Vice President and a Director
DC1DOCS1.53559
