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Digitalx Ltd (DCC.AX)

DCC.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Digital CC Ltd announces $3.5 million placement completed to fund accelerated AirPocket rollout
Wednesday, 20 May 2015 07:34pm EDT 

Digital CC Ltd:Says it has successfully raised $3.5 million via a placement to institutional and sophisticated investors in the U.S and Australia.Says placement of 15.9 million ordinary shares was completed at $0.22 per share to raise $3.5 million and shares are expected to be quoted on ASX on May 28.Says Patersons Securities acted as lead manager and sole book runner.  Full Article

Digital CC Ltd signs MoU for AirPocket distribution in Latin America and Caribbean
Monday, 11 May 2015 09:13pm EDT 

Digital CC Ltd:Signs memorandum of understanding (MoU) to form joint venture company (JVC) for distribution and marketing of AirPocket, it's disruptive remittance product, beta launching in Q2 2015.Purpose of joint venture is to establish a strong distribution and marketing ability in Latin American and Caribbean markets to accelerate roll out of AirPocket product, targeting the remittance sector.Says that as part of Joint Venture digitalBTC will hold at least 75 pct. interest in JVC and its equity partners will have up to a 25 pct. equity stake based on mutually agreed performance criteria.  Full Article

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