Toronto, Ontario--(Newsfile Corp. - August 15, 2019) - First Global Data Limited (TSXV: FGD) (OTC Pink: FGBDF) (FSE: 1G5) (the "Company") would like to announce that one of its directors, Mr. Jack Froese has resigned from the board ("Board") citing personal reasons. Mr. Froese has served on the Board since January 23, 2019. The remaining members of the Board and the Company thank Mr. Froese for his dedicated service and wish him success with his future endeavours. About First Global Data Ltd. (...
Toronto, Ontario--(Newsfile Corp. - June 11, 2019) - First Global Data Ltd. (TSXV: FGD) (OTC Pink: FGBDF) (FSE: 1G5) ("First Global" or the "Company") is pleased to provide additional details and clarity as they relate to the events outlined in the Company's press release of May 17, 2019. The Company has been under a Cease Trader Order ("CTO") since May 2018 and, as a result, the Company has been unable to raise additional equity during such time. The Company continued to lose money in 2018 and,...
Toronto, Ontario--(Newsfile Corp. - May 17, 2019) - First Global Data Ltd. (TSXV: FGD) (OTC Pink: FGBDF) (FSE: 1G5) ("First Global" or the "Company") is pleased to provide the following updates and strategic plan going forward. Important Changes Since January 2019, First Global has been in transition. It started with the resignations of its long time CEO and COO as well as the entire board that had run the Company for several years. A group of shareholders and senior creditors, along with senior...
Toronto, Ontario--(Newsfile Corp. - April 8, 2019) - First Global Data Limited (TSXV:FGD) (OTC Pink:FGBDF) (FSE:1G5) (the "Company") would like to announce that it has appointed Mr. Krishnasamy Parthiban and Mr. Andrew Lozinski to its Board of Directors (the "Board"). Mr. Parthiban brings over 20 years of senior executive experience in operations, general management and corporate finance across many sectors including manufacturing, software, real estate and energy-related industries. He has held...
Toronto, Ontario--(Newsfile Corp. - March 5, 2019) - First Global Data Limited (TSXV: FGD) (OTC Pink: FGBDF) (FSE: 1G5) (the "Company" or "First Global") announces that it has received a Statement of Claim filed by a group of investors in the Company holding Series "G" Secured Debentures (those debentures, the "Debentures"; those debentureholders, the "Series "G" Debentureholders") with the Ontario Superior Court of Justice (the "Court"), against the Company. The claim relates to the Debentures...
Toronto, Ontario--(Newsfile Corp. - February 11, 2019) - First Global Data Limited (TSXV: FGD) (OTC Pink: FGBDF) (FSE: 1G5) (the "Company") would like to announce that it has appointed Mr. Anil Saxena to its Board of Directors (the "Board"). Mr. Saxena brings a wealth of telecommunications experience having worked at Bell Media Inc. for 42 years. Mr. Saxena has also owned and operated two of his own businesses. "We are pleased to add a person of Mr. Saxena's experience and background to the...
Toronto, Ontario--(Newsfile Corp. - January 23, 2019) - First Global Data Limited (TSXV: FGD) (OTC Pink: FGBDF) (FSE: 1G5) (the "Company") would like to announce the following changes to its Board of Directors (the "Board"). The Board has appointed Mr. Jack Froese as a new Board member. Following this appointment, Dr. Naresh Singh and Mr. Kevin Price resigned from the Board. Both Dr. Singh and Mr. Price have offered to be available to new Board members for transition and continuity purposes. The...
Toronto, Ontario--(Newsfile Corp. - January 17, 2019) - First Global Data Limited ( TSXV: FGD ) (the "Company") would like to announce the resignation of its Chairman and CEO, Mr. Andre Itwaru. Mr. Itwaru was a founder and led the Company as its Chairman and CEO since its inception. Mr. Itwaru was responsible for setting the direction and vision for the Company and securing significant strategic relationships. "Circumstances have forced me to make this decision, and it is with a heavy heart that...
Toronto, Ontario--(Newsfile Corp. - May 4, 2018) - First Global Data Limited (TSXV: FGD) (the " Company " or " FGD ") announces that the Ontario Securities Commission (the " OSC ") advised the Company that it will be issuing a failure-to-file cease trade order (" CTO ") to the Company for the failure to file its annual audited consolidated financial statements and Management Discussion & Analysis for the Company's financial year ended December 31, 2017, as required by National Instrument 51-102...
Toronto, Ontario--(Newsfile Corp. - February 28, 2018) - First Global Data Limited (TSXV: FGD) (FSE: 1G5) (the " Corporation ") is pleased to announce that it has closed the first tranche (" First Tranche ") of a non-brokered private placement (the " Private Placement ") previously announced in its press release of February 8, 2018. In this First Tranche, the Company issued an aggregate of 7,272,000 units (the " Unit s ") at a price of $0.25 per unit for aggregate gross proceeds of...