23:36:33 EDT Fri 10 May 2024
Enter Symbol
or Name
USA
CA



Mobi724 Global Solutions Inc
Symbol MOS
Shares Issued 191,493,648
Close 2018-06-06 C$ 0.13
Market Cap C$ 24,894,174
Recent Sedar Documents

Mobi724 hires First Canadian for IR services

2018-06-06 10:10 ET - News Release

Mr. Derek Lindsay reports

MOBI724 GLOBAL SOLUTIONS RETAINS FIRST CANADIAN CAPITAL TO PROVIDE INVESTOR RELATIONS

Mobi724 Global Solutions Inc. has retained First Canadian Capital Corp. to provide investor relations and financial communication services. First Canadian will assist Mobi724 in raising awareness of the company within the investor and financial community.

Under the terms of the agreement with First Canadian, Mobi724 will pay First Canadian $6,000 per month for a minimum period of six months (for an anticipated total cost of $36,000). Mobi724 will also issue to First Canadian an option to purchase 750,000 common shares at an exercise price of 35 cents per share, effective for a period of 30 days after the expiration of the agreement. The option granted will vest in accordance with provisions of the company's stock option plan and the policies of the TSX Venture Exchange.

"First Canadian is very pleased to be working with the entire Mobi724 management team," said George Aizpurua, vice-president at First Canadian. "Mobi724 is a company where the trajectory looks more and more promising each quarter. The team is coming off record results in 2017, and have a Visa partnership that has already started commercialization in late 2017 and will see greater results going forward. We look forward to adding value to the company's development and involving our network in support of the global expansion in 2018 and beyond."

ProConsul Capital Ltd., which has been carrying out investor relations for Mobi724 since Q4 2017, will continue to assist Mobi724. The appointment of First Canadian will serve as a complement to ProConsul Capital's efforts in raising awareness of the company's activities within the investor and financial community.

About Mobi724 Global Solutions Inc.

Mobi724, a global fintech 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, and a mobile EMV-compliant payment platform. Mobi724 provides turnkey solutions for card associations, card issuers, banks, retailers, manufacturers, offer providers, to create, manage, deliver, and track and measure incentive campaigns worldwide in real time.

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