X0306 4 2015-09-14 0 0001318482 SHOAL GAMES LTD. SGLDF 0001278521 WILLIAMS TRYON M C/O SHOAL GAMES LTD 1405-1166 ALBERNI SR VANCOUVER A1 V6E 3Z3 BRITISH COLUMBIA, CANADA 1 1 1 0 Executive Chairman Common Stock 2015-09-14 2015-09-14 4 P 0 4000 0.46 A 15645308 D Common Stock 2015-09-15 2015-09-15 4 X 0 100000 0.15 A 15645308 D Common Stock 2877465 I Discretionary Trust Employee Stock (Right to Buy) 0.15 2015-09-15 2015-09-15 4 X 0 100000 0.15 D 2010-09-30 2015-09-30 Common Stock 100000 0 D Mr. Williams is a potential beneficiary of several discretionary trusts that hold approximately 80% of Bingo, Inc. Bingo, Inc. is the holder of these securities. Mr. Williams acquired 4,000 shares of Shoal Games Ltd. for CAD$0.46 per share on the TSX-V under the symbol SGW.V on 14th of September 2015. Mr T. M. Williams exercised 100,000 options at US$0.15 per share. /s/ T. M. Williams 2015-09-17