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Johnny Hawa, a senior officer of the Company. The participation of Mr. Hawa in the debt settlement constitutes a "related party transaction" as such terms are defined by Multilateral Instrument - Protection of Minority Security Holders in Special Transactions "MI "requiring the Company, in the absence of exemptions, to obtain a formal valuation for, and minority shareholder approval of, the "related party transaction".
The participation by the Related Parties in the debt settlement, as applicable, was approved by directors of the Company who are independent in connection with such transactions.
The Company also announces that on December 20 thit granted 2, stock options under its stock option plan to its global options inc and consultants. Theoptions will expire on December 4 thand theoptions will expire on October 16 th About Mobi Global Solutions Inc.
MOBI'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. MOBI provides a turnkey solution to its clients to capture card transactions on any mobile device, at any global options inc of sale or from any payment card.
MOBI 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 global options inc, 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 are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they global options inc 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. Global options inc 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 global options inc news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any global options inc in the United States. For further information, please visit MOBI Andreas Curkovic Proconsul Capital Ltd. Mobi Global Solutions Inc.
Issues Shares, Warrants and Options. December 20, GlobeNewswire global options inc, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.