MOBI724 Global Solutions Retains First Canadian Capital to Provide Investor Relations
June 06 2018 - 8:45AM
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”)
(TSX-V:MOS) (OTCQB:MOBIF), a global Fintech company, offering a
fully integrated suite of multiple Payment Card-linked, Digital
Marketing and Business Intelligence Solutions announces that it has
retained First Canadian Capital Corp. (“First Canadian”) 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 (the "Agreement"), MOBI724 will pay First
Canadian $6,000 per month for a minimum period of six (6)
months (for an anticipated total cost of $36,000). MOBI724
will also issue as compensation to First Canadian an option to
purchase 750,000 common shares at an exercise price of $0.35
per share and be effective for a period of 30 days after the
expiration of the Agreement. The options 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. Mr. Aizpura
added: “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 Ltd.’s efforts in raising awareness
of the Company’s activities within the investor and financial
community.
About Mobi724 Global Solutions
Inc.
“We enable smart transactions anywhere”
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 turn-key
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. The
company captures value from big data to deliver seamless and
personalized user experiences for the benefits of all parties in
the ecosystem. MOBI724 headquarters are in Montreal, Canada, and
the company presently has operations in North and Latin America,
the Caribbean and Asia Pacific.
About First Canadian Capital
Corp.
Based in Toronto and celebrating its
20th year, First Canadian develops strategic platforms for North
American corporations that are utilized to gain exposure and
recognition to the capital markets. First Canadian's core
competencies are found in identifying quality assets and
undervalued companies with high growth potential.
Legal Disclaimer
Certain statements in this document, including
those which express management’s expectations or estimations with
regard to the Company’s future performance, constitute
“forward-looking statements” as understood by applicable securities
laws. Forward-looking statements are, of necessity, based on a
certain number of estimates and hypotheses; while management
considers these to be accurate at the time they are expressed, they
are inherently subject to significant uncertainties and risks on
the commercial, economic and competitive levels. We advise readers
that these forward-looking statements are subject to risks,
uncertainties, and other known and unknown factors that may cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements expressed or implied in these forward-looking
statements. Investors are advised to not rely unduly on the
forward-looking statements. This advisory applies to all
forward-looking statements, whether expressed orally or in writing,
attributed to the Company or to any individual expressing them in
the name of the Company. Unless required by law, the Company is
under no obligation to publicly update these forward-looking
statements, whether to reflect new information, future events, or
other circumstances.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release does not constitute a
solicitation to buy or sell any securities in the United
States.
For further information, please visit
www.MOBI724.com or contact:
Investor Relations:Mr. George
Aizpurua, Vice-President, CommunicationsFirst Canadian Capital
Corp.T: 647-500-2389/416-742-5600; E:
gaizpurua@firstcanadiancapital.com
Mr. Andreas CurkovicProconsul Capital Ltd.T:
416-577-9927; E: andreascurkovic@sympatico.ca
Mr. Derek LindsayMOBI724 Global Solutions
Inc.Chief Financial OfficerT: 514-394-5200; E:
derek.lindsay@mobi724.com
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