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Home : MOBI724 Global Solutions (CSE:MOS) Closes $ 750,000 Private Placements
Oct 08
2016

MOBI724 Global Solutions (CSE:MOS) Closes $ 750,000 Private Placements

MONTREAL, QUEBEC--(Marketwired - Oct. 7, 2016) - MOBI724 Global Solutions Inc. ("MOBI724" or the "Company") (CSE:MOS)(CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing is pleased to announce that on October 5, 2016, it has successfully closed a first tranche equity private placement in the aggregate amount of $250,000.00 dollars by issuing 5,000,000 common shares ("Shares") at $0.05. The private placement included a conversion of bona fide debt in the amount of $25,344.51. For each common share received, the subscribers were issued one common share purchase warrant at an exercise price of $0.15 exercisable on or before August 31st, 2018 after which they shall expire.
Source:http://www.marketwired.com/mw/release.do?id=2164817&sourceType=3
 
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