Mobi724 Global Solutions Inc.

Mobi724 Global Solutions Inc.

July 21, 2017 08:45 ET

MOBI724 Global Solutions Inc. Announces Filing and Receipt for Final Short Form Prospectus

MONTREAL, QUEBEC--(Marketwired - July 21, 2017) - MOBI724 Global Solutions Inc. ("MOBI724" or the "Company") (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces that yesterday it filed and received a receipt for its final prospectus qualifying the 29,538,203 common shares of the Company ("Common Shares") and 14,769,101 Common Share purchase warrants ("Purchase Warrants") issuable upon the exercise of the 29,538,203 special warrants ("Special Warrants") previously issued by MOBI724 on April 21, 2017, at a price of $0.35 per Special Warrant, for aggregate gross proceeds of $10,338,371.05. As a result, the Special Warrants will automatically be exercised in accordance with their terms and the underlying Common Shares and Warrants will be issued to the holders of the Special Warrants.

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About MOBI724 Global Solutions

MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV 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. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and "track and measure" incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.

Forward Looking Statements

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.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

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