WhereDaily News: Fantasy Aces Daily Fantasy Sports Corp. Announces Closing of Shares for Debt Private Placement

ALISO VIEJO, CALIFORNIA--(Marketwired - May 11, 2016) - Fantasy Aces Daily Fantasy Sports Corp. (the "Corporation" or "Fantasy Aces") (TSX VENTURE:FAS) (OTC PINK:FASDF) announced today that it closed the previously announced settlement of outstanding indebtedness of $1,695,391.83 through the issuance of 67,815,673 common shares of the Corporation ("Common Shares") at a deemed price of $0.025 per Common Share (the "Debt Settlement"). The Common Shares issued in connection with the Debt Settlement are subject to a four month hold period that expires on September 12, 2016.

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