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TORONTO, ONTARIO--(Marketwired - Sept. 12, 2013) - First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE:FGD) would like to announce that, further to its press release of July 25, 2013, it has, pursuant to a non-brokered private placement, issued an aggregate of 7,895,370 units (the "Units") of the Corporation at a price of $0.135 per Unit for gross proceeds of $1,065,875. Each Unit is comprised of one (1) common share and one-half (1/2) of one common share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one common share at a price of $0.50 at any time until close of business on September 9, 2015. The common shares and Warrants issued are subject to a four (4) month statutory hold period expiring on January 10, 2014. |
