RE: RNS update imminent3 Sep 2022 18:05
Tue, 15th Mar 2022 07:00
RNS Number : 7482E
Mobile Streams plc
15 March 2022
15 March 2022
Mobile Streams plc
("MOS" or "the Company")
Oversubscribed placing to fund expansion
Broker Option
Proposed Gfinity partnership and investment
Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce the successful completion of a placing (the "Placing"), arranged by the Company's Broker Peterhouse Capital Limited ("Peterhouse"), to raise £1,200,000 before expenses to support the continuing growth of the Group, and to create a new joint venture partnership (the "JV") with AIM traded Gfinity Plc ("Gfinity") for Mobilegaming.com, the site through which the Company is focusing its gaming and Esports offerings. The JV will aim to better monetise Mobilegaming.com using the combined resources of the Company and Gfinity.
The Company is working to agree the terms of the joint venture and expects to announce the conclusion of the agreement shortly. In anticipation of agreeing this, MOS has agreed to subscribe for £250,000 in Gfinity's placing as announced on 14 March 2022. Further details regarding the joint venture will be announced shortly.
it did say partnership in gaming that GFN is launching on the 14th SEP GUZZ' ['do keep up'' ]
and it comes at a time when MOS is also launching Mexico NFTS the same month, and perhaps
before that date? with the twitter noise we have seen this week..
your post just now'' make it look like i was making it all up
and have not done any research LOL!!
GLA