Mr. Andre Itwaru reports

FIRST GLOBAL PROVIDES UPDATE ON PRIVATE PLACEMENT

The Toronto Stock Exchange Venture Exchange has not approved First Global Data Ltd.'s non-brokered private placement offering of up to 10 million units of the company at a price of 50 cents per unit announced on Feb. 8, 2017.

The company is considering a new private placement at a higher pricing. During this private placement process, the company has elected to go through a quiet period.

About First Global Data Ltd.

First Global is an international financial services technology company. The company's two main lines of business are mobile payments and cross-border payments.

We seek Safe Harbor.