"Funds from this placement will be used to satisfy the SEC stipulated paid-up capital requirements of
Php100 million (approx. A$3 million), a key criteria of Peppermint's Stage 3 Electronic Money Issue
(EMI) Licence application.
"Additionally, funds will also be used for the commercial roll-out of the bizmoPay loan service.
"After this capital raise, the Company is well funded to continue along our exciting growth trajectory,
consider new opportunities that may present and satisfy all associated working capital requirements."
Ann: EMI progress and $4 million placement, page-2
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Mkt cap ! $19.09M | |||
| Open | High | Low | Value | Volume |
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