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Friday, December 12, 2014

Amaya confirms probe by Quebec securities regulator, (TSE: AYA.TO), (NYSE: MFC), (TSE: MFC.TO)

Amaya Gaming Group Inc said late on Thursday that the company and its officers are cooperating with Quebec securities regulator AMF in an investigation regarding trading activities in Amaya securities. On Thursday, the Royal Canadian Mounted Police and Autorit� des March�s Financiers (AMF) raided the Montreal area offices of Amaya, Canadian investment bank Canaccord Genuity, and insurance firm Manulife Financial regarding the probe.The Montreal-based company said the probe is related to trading activities in Amaya shares surrounding the corporation's acquisition of Oldford Group in 2014.Earlier this summer, Montreal-based Amaya closed on the $4.9 billion takeover of Oldford Group, operator of online gambling website PokerStars, just as several U.S. states have begun to move on legislation to legalize online gambling.Manulife and Canaccord could not immediately be reached for comment.

Amaya Inc., formerly Amaya Gaming Group Inc., is a provider of technology-based products and services in the gaming industry. Shares of AYA traded higher by 0.63% or $0.22/share to $35.06. In the past year, the shares have traded as low as $5.61 and as high as $39.25. On average, 651514 shares of AYA.TO exchange hands on a given day and today's volume is recorded at 370038.

Manulife Financial Corporation (MFC) is a Canada-based financial services group with principal operations in Asia, Canada and the United States. Shares of MFC fell by 0.11% or $-0.02/share to $18.78. In the past year, the shares have traded as low as $16.68 and as high as $20.77. On average, 1767350 shares of MFC exchange hands on a given day and today's volume is recorded at 1833162.

Manulife Financial Corporation (MFC) is a Canada-based financial services group with principal operations in Asia, Canada and the United States. Shares of MFC traded higher by 0.32% or $0.07/share to $21.66. In the past year, the shares have traded as low as $18.91 and as high as $23.09. On average, 3303290 shares of MFC.TO exchange hands on a given day and today's volume is recorded at 4698574.



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