Business NewsMarketWire • MOBI724 GLOBAL SOLUTIONS INC. (CSE:MOS) Announces Proposed $5 Million Senior Secured Convertible Debenture Financing

MOBI724 GLOBAL SOLUTIONS INC. (CSE:MOS) Announces Proposed $5 Million Senior Secured Convertible Debenture Financing

MOBI724 GLOBAL SOLUTIONS INC. (CSE:MOS) Announces Proposed $5 Million Senior Secured Convertible Debenture Financing

MONTREAL, QUEBEC--(Marketwired - July 7, 2016) - Mobi724 Global Solutions Inc. ("Mobi724" or the "Company") (CSE:MOS), a Fintech leader in the digital incentives, couponing and payment space is pleased to announce that the board of directors of the Company has authorized to seek financing by way of issuance of brokered senior secured convertible debentures ("Convertible Debentures") for maximum proceeds of $5,000,000.00. The Company expects to use the net proceeds to support project deployments of the Company's solution, for ongoing obligations and for working capital requirements.

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MOBI724 GLOBAL SOLUTIONS INC. (CSE:MOS) Announces Proposed $5 Million Senior Secured Convertible Debenture Financing