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Mobi724 Global Solutions Announces Postponement of Annual General Meeting

Montreal, Quebec--(Newsfile Corp. - May 6, 2020) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech company that offers a suite of integrated technology-agnostic, BI & AI powered card-linked offers & reward solutions, announces that it has decides to postpone its Annual General Meeting of Shareholders ("AGM").

The TSX-V has acknowledged that the COVID-19 outbreak presents significant challenges for reporting issuers in meeting certain of their obligations under TSX-V rules and as such have extended the delays for the holding of shareholder meetings and stock option plan approval provisions up to December 31, 2020.

As the COVID-19 outbreak, particularly in the Montreal area, continues to evolve, the Company has decided to rely on the relief provided by the TSX-V and is postponing its AGM to Q4 2020. The health and safety of its team members and shareholders is of utmost importance to the Company and as such the new date, time and place of the AGM will be confirmed, via news release, once such date has been finalized.

About Mobi724 Global Solutions Inc.

"Processing Smart Transactions Anywhere"

Mobi724 Global Solutions Inc. (TSXV: MOS) is a fintech company headquartered in Montreal, Canada. The company offers a suite of integrated technology-agnostic, BI & AI powered card-linked offers & reward solutions that work with any digital payment method, at any point of sale, both online and in physical locations. Mobi724's global processing platform enables card issuing banks, payment networks, merchants and loyalty program operators to generate incremental revenues by driving new commercial opportunities, while delivering seamless engaging and rewarding experiences to cardholders.

Legal Disclaimer

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:

Eli Rozhansky
Investor Relations
Mobi724 Global Solutions Inc.
T: 514-394-5200
ir@mobi724.com

Marcel Vienneau, CEO
T : 514-394-5200
ir@mobi724.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55413

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