MOBI724 Global Solutions Issues Shares

MOBI724 Global Solutions (CSE:MOS) has announced it has issued an aggregate 358,073 common shares at a price of $0.23 as a debt forgiveness related to unpaid consulting fees owed to Pablo Mariani, a consultant.

As quoted in the press release:

 The Company has also issued 347,826 Common Shares to Luc Charbonneau, a former officer of the Company at a price of $0.23 per share as payment pursuant to the settlement of litigation between the Company and Luc Charbonneau. Furthermore, the Company has obtained the permission of the CSE and has issued 200,000 warrants with an exercise price of $0.10 and an expiry date of December 30, 2021 to Dawson James Securities Inc. as compensation pursuant to services rendered in accordance with a Principal American Liaison Appointment Agreement executed on December 30, 2016.

Click here to read the full press release.