/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED
STATES./
TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5
TORONTO, Nov 3, 2017 /CNW/ - First Global Data ("First
Global" or the "Company") would like to announce the resignation of
its CFO, Vicki Ringelberg. In her
resignation letter, Vicki noted that her commitment was for 2 days
per week but that she has come to the conclusion that the role
of CFO of the Company requires a full time focus.
"We are very disappointed with the departure of Vicki. She is an
incredible person and in her short time with the Company she has
made a positive impact. We will take the time necessary to find a
qualified candidate and I will work together with our Controller
and independent advisors to ensure that our financial reporting
obligations are met," said Andre
Itwaru, Chairman and CEO of First Global Data Limited.
About First Global Data Ltd.
(www.firstglobaldata.com)
First Global is an international financial services technology
("FINTECH") company. The Company's two main lines of business are
mobile payments and cross border payments. First Global's
proprietary leading edge technology enables the convergence of
compliant domestic and cross border payments, shopping, Peer to
Peer ("P2P"), Business to Consumer ("B2C"), and Business to
Business ("B2B") payments. First Global enables its strategic
partners and clients around the world with our leading edge
financial services technology platform.
Caution:
Neither TSX Venture Exchange Inc.
("TSXV") nor its Regulation Services Provider (as that term is
defined in the policies of the TSXV) accepts responsibility for the
adequacy or accuracy of this release.
The securities offered have not been registered under the
U.S. Securities Act of 1933, as amended, and may not be offered or
sold in the United States absent
registration or an applicable exemption from the registration
requirements. This press release shall not constitute an offer to
sell or a solicitation of an offer to buy nor shall there be any
sale of the securities offered in any jurisdiction in which such
offer, solicitation or sale would be unlawful.
Forward Looking Information:
This news release
contains "forward-looking information" within the meaning of
applicable securities laws. Although First Global believes in light
of the experience of its officers and directors, current conditions
and expected future developments, including the completion of the
Transaction and the anticipated terms thereof, and other factors
that have been considered appropriate, that the expectations
reflected in this forward-looking information are reasonable, undue
reliance should not be placed on them because First Global can give
no assurance that they will prove to be correct. Readers are
cautioned to not place undue reliance on forward-looking
information. Actual results and developments may differ materially
from those contemplated by these statements. The statements in this
press release are made as of the date of this release. First Global
undertakes no obligation to comment on analyses, expectations or
statements made by third-parties in respect of First Global, its
securities, or financial or operating results (as applicable).
First Global disclaims any intent or obligation to update publicly
any forward-looking information, whether as a result of new
information, future events or results or otherwise, other than as
required by applicable securities laws.
SOURCE First Global Data Limited