X0306 4 2015-12-15 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 2015-12-15 2015-12-15 4 P 0 2200 5191 A 15690008 D Common Stock 2015-12-15 2015-12-15 4 P 0 5000 0.51 A 15690008 D Common Stock 2015-12-15 2015-12-15 4 P 0 4000 0.4084 A 15690008 D Common Stock 2877465 I Discretionary Trust Mr. Williams acquired 2,200 shares of Shoal Games Ltd. for CAD$0.5191 per share on the 15th of December 2015. Mr. Williams acquired 5,000 shares of Shoal Games Ltd. for CAD$0.51 per share on the 15th of December 2015. Mr. Williams acquired 4,000 shares of Shoal Games Ltd. for US$0.4084 per share on the 15th of December 2015. 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. /s/ T. M. Williams 2015-12-21