TORONTO, ONTARIO--(Marketwired - April 23, 2014) - First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE:FGD) would like to correct the announcement made regarding the issue of options made on April 22, 2014. The aggregate number of stock options granted on April 22, 2013 was 8,100,000. As previously announced, these stock options are granted to various directors, officers, employees and consultants of the Corporation. The options have an exercise price ranging from $0.25 per common share to $0.35 per common share and expire on April 22, 2019. The majority of the options will vest over a period of three years with some of the options vesting immediately.
About First Global
First Global Data Limited (TSX VENTURE:FGD) is an international payments company whose services are designed primarily for the domestic and international underbanked markets. Services include Mobile and Online Payments, Money Transfer, including Peer to Peer mobile and online transfers. First Global moves money domestically and internationally in full compliance with regulatory guidelines. First Global also enables its strategic partners and clients around the world with its leading edge financial services technology products. First Global maintains a strong focus on compliance and holds licenses to operate as a Money Service Business around the world. The Corporation's electronic transaction infrastructure currently extends to approximately 97 countries worldwide. First Global's goal is to become the global leader in the mobile money and online financial transaction services sector.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements are detailed from time to time in the Corporation's periodic reports filed with the Ontario Securities Commission and other regulatory authorities. The Corporation has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.