Mr. Marcel Vienneau reports

MOBI724 GLOBAL SOLUTIONS INC. RAISES $930,000 FROM EARLY EXERCISE WARRANT INCENTIVE PROGRAM

Pursuant to Mobi724 Global Solutions Inc.'s early exercise warrant incentive program announced on March 19, 2018, eligible warrant holders have exercised 6.2 million eligible warrants at a price equal to 15 cents for total gross proceeds of $930,000. A director of the company has exercised one million eligible warrants.

Marcel Vienneau, chief executive officer of Mobi724, said: "We are pleased that eligible warrant holders, including a director of the company, have elected to exercise under the incentive program, and add to their investment in the company. We appreciate their continued support and confidence. This incentive program is a cost-effective and prudent way for Mobi724 to add close to $1-million to its treasury and provide flexibility given our growing sales pipeline."

In accordance with the incentive program, the eligible warrant holders received 6.2 million incentive warrants exercisable at a price of 46 cents which shall expire on April 13, 2019. The incentive warrants that were issued are subject to a four-month-and-one-day hold period in accordance with applicable securities regulations and are also subject to a forced conversion by the company if, at any time prior to April 13, 2019, the common shares of the company trade at a price equal to, or greater than, 65 cents for at least 10 consecutive trading days.

The participation in the incentive program by, and issuance of the incentive warrants to, a director constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions, which has been adopted by the TSX Venture Exchange pursuant to its Policy 5.9 -- Protection of Minority Security Holders in Special Transactions. However, the incentive program and the issuance of incentive warrants are exempt from the formal valuation and minority shareholder approval requirements of such instrument and policy, as the company's common shares are listed on the TSX Venture Exchange and, in respect of the minority shareholder approval requirement, neither the fair market value of the additional incentive warrants, nor the consideration to be received for the incentive warrants exceeds 25 per cent of the company's market capitalization.

About Mobi724 Global Solutions Inc.

Mobi724 Global Solutions, a global fintech (financial technology) company, offers a fully integrated suite of multiple payment card-linked, digital marketing and business intelligence solutions, which work with any payment card, on any mobile device and at any point of sale.

We seek Safe Harbor.