First Global Data Limited Announces Settlement of Debentures

First Global Data Limited Announces Settlement of Debentures

TORONTO, ONTARIO — (Marketwired) — 05/07/15 — First Global Data Limited (TSX VENTURE: FGD) ("First Global" or the "Company") is pleased to announce that, further to its press releases of February 12 and July 31, 2013, the Company and the institutional investors (the "Investors") have executed a settlement agreement dated as of April 30, 2015 (the "Agreement") to settle all amounts owing under the Series "A" 10% senior secured debentures and

First Global Data Limited Closes LTP Financial Acquisition

First Global Data Limited Closes LTP Financial Acquisition

TORONTO, ONTARIO — (Marketwired) — 04/06/15 — Further to its press releases of January 27, March 9, and March 20, 2015, First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE: FGD) is pleased to announce that it has closed the acquisition of 2297970 Ontario Inc., which is also known as LTP Financial ("LTP").The Corporation also announces that it has eliminated the minimum financing requirement so that it will be able to utilize the funds a

First Global Data Limited Updates LTP Financial Acquisition

First Global Data Limited Updates LTP Financial Acquisition

TORONTO, ONTARIO — (Marketwired) — 03/20/15 — Further to its press releases of January 27 and March 9, 2015, First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE: FGD) would like to provide an update with respect to its proposed acquisition of 2297970 Ontario Inc., which is also known as LTP Financial ("LTP").A closing condition of the proposed acquisition of LTP is that First Global is required to complete a private placement of a minim

First Global Data Negotiates Debt Conversion Agreement with a Director of the Corporation

First Global Data Negotiates Debt Conversion Agreement with a Director of the Corporation

TORONTO, ONTARIO — (Marketwired) — 03/13/15 — First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE: FGD) would like to announce that it has negotiated a debt conversion agreement (the "Debt Agreement") with a director of the Corporation (the "Creditor").Pursuant to the terms of the Debt Agreement, First Global has agreed to issue an aggregate of 127,505 common shares (the "Debt Shares") to the Creditor in exchange for

First Global Data Launches Mobile Payments Service in India

First Global Data Launches Mobile Payments Service in India

TORONTO, ONTARIO — (Marketwired) — 03/11/15 — Editors Note: There is a photo associated with this press release.First Global Data Limited (TSX VENTURE: FGD) (the "Corporation") is pleased to announce that it has launched its mobile payment service "PayQwik" in India.PayQwik is a one stop mobile payment service available across India. Through integrations with more than 50 banks, cash card, debit and credit card networks, net banking, and other mobile wallets, customers ar

First Global Data Limited Updates LTP Financial Acquisition

First Global Data Limited Updates LTP Financial Acquisition

TORONTO, ONTARIO — (Marketwired) — 03/09/15 — First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE: FGD) is pleased to announce that further to its press release of January 27, 2015, it has concluded its due diligence of LTP and has received approval from the TSX Venture Exchange and is therefore moving forward with its acquisition of 2297970 Ontario Inc., which is also known as LTP Financial ("LTP").The closing of the acquisition, which

First Global Data Limited Updates Convertible Debenture Offering and Debt Conversion

First Global Data Limited Updates Convertible Debenture Offering and Debt Conversion

TORONTO, ONTARIO — (Marketwired) — 02/27/15 — First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE: FGD) would like to provide an update with respect to its proposed private placement of a minimum of $3 million and maximum of $8 million in convertible debentures (the "Debentures") and the conversion of debt.Pursuant to its press release of January 27, 2015, the Debentures will bear interest at 10% per annum, such interest to be payable o

First Global Data Limited Signs Definitive Agreement to Acquire LTP Financial Inc. and Issue Convertible Debentures

First Global Data Limited Signs Definitive Agreement to Acquire LTP Financial Inc. and Issue Convertible Debentures

TORONTO, ONTARIO — (Marketwired) — 01/27/15 — First Global Data Limited ("First Global" or the "Corporation") (TSX VENTURE: FGD) is pleased to announce that further to the press release dated December 22, 2014, it has entered into a definitive agreement (the "Agreement") whereby it will acquire all of the issued and outstanding securities in the capital of 2297970 Ontario Inc., which is also known as LTP Financial Inc. ("LTP"), an arm–s length party

New Money Services License for First Global Data in the State of Kansas

New Money Services License for First Global Data in the State of Kansas

LOS ANGELES, CALIFORNIA — (Marketwired) — 01/08/15 — First Global Data Limited ("First Global" or the "Corporation")(TSX VENTURE: FGD), is pleased to announce that its Los Angeles based wholly owned subsidiary, First Global Money Inc., has been granted a new Money Transmitter license by the State of Kansas.Since January 2014, First Global has increased its licensing in the USA by 10 additional States. The Corporation has an objective of establishing licenses in all State

First Global Data Limited Enters Into Letter of Intent for Acquisition and Proposes to Issue Convertible Debenture

First Global Data Limited Enters Into Letter of Intent for Acquisition and Proposes to Issue Convertible Debenture

TORONTO, ONTARIO — (Marketwired) — 12/22/14 — First Global Data Limited (TSX VENTURE: FGD) (the "Corporation") would like to announce that it has entered into a non-binding letter of intent (the "LOI") with 2297970 Ontario Inc., which is also known as LTP Financial Inc. ("LTP"), an arm–s length party to the Corporation. Pursuant to the terms of the LOI, the Corporation has agreed to acquire all of the issued and outstanding securities of LTP in exchange for th

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