TORONTO, ONTARIO--(Marketwired - July 25, 2013) - First Global Data Limited ("First Global" or the "Company") (TSX VENTURE:FGD) would like to announce that it intends to raise gross proceeds of up to $1 million through a non-brokered private placement of up to 7,407,407 units (the "Units") of the Company at a price of $0.135 per Unit. Each Unit will consist of one (1) common share and one-half (1/2) of one common share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one common share at a price of $0.50 for a period of two (2) years from date of issuance. A finder's fee may be paid by the Company in connection with the private placement.
