First Global Data Limited Amends Warrant Exercise Price and Extends Warrant Expiry Date

TORONTO, ONTARIO--(Marketwired - Oct. 21, 2014) - First Global Data Limited (the "Corporation") (TSX VENTURE:FGD) is pleased to announce that it has received approval from the TSX Venture Exchange to amend the exercise price and to extend the expiry date of the 10,250,338 outstanding common share purchase warrants (the "Warrants") of the Corporation, which were issued in connection with the Corporation's acquisition of First Global Data Corp. Each Warrant, as amended, entitles the holder thereof to purchase one common share of the Corporation at any time until the close of business on November 21, 2016 at an exercise price of $0.50 per common share. The Warrants will be amended, effective November 21, 2014, to amend the exercise price of the warrants from $0.75 to $0.50 and to extend the term of such warrants until November 21, 2016. All other provisions of the Warrants will remain the same. Insiders of the Corporation do not hold any of the outstanding Warrants.

First Global Data Limited Amends Warrant Exercise Price and Extends Warrant Expiry Date