13:10:29 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Mobi724 Global Solutions Inc
Symbol MOS
Shares Issued 185,401,349
Close 2017-09-29 C$ 0.25
Market Cap C$ 46,350,337
Recent Sedar Documents

Mobi724 issues 1.43 million shares, grants options

2017-09-29 18:56 ET - News Release

Mr. Marcel Vienneau reports

MOBI724 GLOBAL SOLUTIONS INC. (CSE: MOS) ISSUES 1,437,509 SHARES AND 705,000 OPTIONS

Mobi724 Global Solutions Inc. has issued an aggregate of 1,437,509 common shares. It issued 1,137,509 common shares pursuant to a settlement agreement at maximum allowable discount and 300,000 common shares at maximum allowable discount in payment of a first instalment of the fees pursuant to an investment relations consultancy agreement.

Options

The company also announces that on Sept. 28, 2017, it has granted 705,000 stock options under its stock option plan to its employees and consultants. Each option shall vest gradually over a period of three years (one-third per year, the first one-third vesting upon grant) and will allow the optionee to acquire one common share of the company at a price of 35 cents until Sept. 28, 2020. Details are found on Form 11 filed on the Canadian Securities Exchange on Sept. 29, 2017.

About Mobi724 Global Solutions Inc.

Mobi724, a leader in the fintech industry based in Montreal, Canada, offers a unique and fully integrated suite of payment and digital marketing solutions with a combined EMV (Europay, MasterCard and Visa) payment, card-linked offers, and digital marketing platform that works on any card and any mobile device. Mobi724's solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend.

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