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First Global Data Limited

09:48 AM EST - First Global Data Limited : Proposes to raise a maximum of up to $3,000,000 of gross proceeds from the sale of up to 30,000,000 units priced at $0.10 per Unit. Each Unit is expected to be comprised of one common share in the capital of the Company and one Common Share purchase warrant entitling the holder to purchase one Common Share for a period of three years from the closing date of the Offering at an exercise price of $0.20 per Common Share. First Global Data Limited shares V.FGD are trading unchanged at $0.12.