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| Home : First Global Data Limited Announces Private Placement and Issuance of Convertible Debentures |
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May 08
2015 |
First Global Data Limited Announces Private Placement and Issuance of Convertible Debentures |
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TORONTO, ONTARIO--(Marketwired - May 7, 2015) - 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 $8 million through a non-brokered private placement of up to 66,666,667 million units (the "Units") of the Company at a price of $0.12 per Unit. Each Unit will consist of one (1) common share and one (1) common share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one common share at a price of $0.25 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. |
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| Source:http://www.marketwired.com/mw/release.do?id=2017692&sourceType=3 |
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