MOBI724 Global Solutions Inc. (CSE: MOS), a Fintech company offering an integrated EMV payment, card link couponing and digital marketing solution, has closed private placement of 4,608,333 units at $0.12 per unit for gross proceeds of $553,000.00.
Each unit consists of one common share and one common share purchase warrant at an exercise price of $0.20 exercisable on or before December 15, 2017.
MOBI724 Global Solutions intends to use net proceeds to support project deployments of its solution, for ongoing obligations and for working capital requirements.
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