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Lakes Entertainment files $50 million stock, preferreds, debt shelf
By Devika Patel
Knoxville, Tenn., Sept. 30 - Lakes Entertainment, Inc. filed a $50 million shelf in an S-3 filing with the Securities and Exchange Commission.
The registration covers common stock, preferred stock, debt securities, warrants and units.
The securities may be structured as convertibles.
Proceeds will be used for project development, debt repayment, working capital and general corporate purposes.
Lakes is a Minnetonka, Minn.-based developer and manager of casinos and related entertainment facilities in various gaming jurisdictions, including Indian-owned casinos.
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