DC1DOCS:0058400.01
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):
September 22, 1997 (September 8, 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)
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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 a finder's fee of 12% was paid
to Select Capital Advisors, Inc. in connection with the sale
of certain convertible debentures. The registrant did not
publicly offer any securities.
(a) As of September 8, 1997, 1,964,365 shares were
issued to Karella Giselle Pty Ltd. upon conversion of a
$312,500 convertible debenture.
(b) As of September 8, 1997, 166,667 shares were issued
to Ephraim Saghi upon partial conversion of $25,000 of a
$125,000 convertible debenture.
(c) As of September 8, 1997, 1,160,088 shares were
issued to Silenus Limited upon partial conversion of
$100,000 of a $375,000 convertible debenture.
(d) As of September 8, 1997, 227,273 shares were issued
to each of 482047 B.C. Ltd., Milan Ilich and Noble Larsen
upon conversion of its/his $50,000 promissory note.
(e) As of September 9, 1997, 333,333 shares were issued
to Y.L. Hirsch upon partial conversion of $50,000 of a
$300,000 convertible debenture.
(f) As of September 12, 1997, 1,498,636 shares were
issued to Canadian Advantage Limited Partnership upon
partial conversion of $225,000 of a $250,000 convertible
debenture.
(g) As of September 12, 1997, 113,636 shares were
issued to John Smith upon conversion of a $25,000
convertible promissory note.
(h) As of September 19, 166,667 shares were issued to
Canadian Advantage Limited Partnership upon partial
conversion of $25,000 of a $250,000 convertible debenture.
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(i) As of September 19, 1997, 1,250,000 shares were
issued in the name of Bank Insinger de Beaufort for Lathbury
Investments Ltd. pursuant to a certain $250,000 financing
arrangement; 750,000 of such shares were pledged as security
and 500,000 of such shares were in payment of a fee.
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/Robert C. Silzer, Jr.
Dated: September 22,1997 Robert C. Silzer, Jr.
Executive Vice President
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