MONTREAL, June 22, 2018 (GLOBE NEWSWIRE) -- 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 is pleased to announce the election of its board of director pursuant to the annual
general and special meeting of shareholders (“AGM”) held on June 21, 2018.
The Shareholders re-elected Stephane Boisvert (Chairman), Allan Rosenhek, Jacques Côté, Georges Morin and Simon
Dupéré to the board of directors and newly elected Jorge Sierra and Vincent Hogue. The election of Jorge Sierra and Vincent Hogue
to the board of directors is subject to the approval of the TSX Venture Exchange. At the Meeting, the shareholders also approved a
resolution re-appointing Raymond Chabot Grant Thornton, chartered accountants, as auditors of the Company. The Company Stock option
plan was also approved at the Meeting.
The Company also announces the re-appointment of its current senior officer team, consisting of:
| Marcel Vienneau |
Chief Executive Officer |
| Derek Lindsay |
Chief Financial Officer |
| David Beauchemin |
Chief Technology Officer |
Committees
The Company re-appointed its Audit Committee as well as its Corporate Responsibility and Governance Committee,
consisting of Jacques Côté (Chair), Georges Morin and Simon Dupéré.
The Company also appointed the following committees:
- HR Committee consisting of Vincent Hogue (Chair), Allan Rosenhek and Simon Dupéré.
- Business Development Committee consisting of Jorge Sierra (Chair), Georges Morin and Vincent Hogue.
- IT Security, Patents and Innovation Committee consisting of Allan Rosenhek (Chair), George Morin and Jorge
Sierra.
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. Andreas Curkovic, President
Proconsul Capital Ltd.
T: 416-577-9927; E: andreascurkovic@sympatico.ca
Mr. George Aizpurua, Vice-President, Communications
First Canadian Capital Corp.
T: 647-500-2389/416-742-5600; E: gaizpurua@firstcanadiancapital.com
Mr. Derek Lindsay
MOBI724 Global Solutions Inc.
Chief Financial Officer
T: 514-394-5200; E: derek.lindsay@mobi724.com
