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Migme Ltd (MIG.AX)

MIG.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Migme updates on cost reduction program
Wednesday, 21 Dec 2016 05:20am EST 

Migme Ltd : It has implemented a cost reduction program . Simplifies operations and reduces costs with view of being able to deliver cashflow positive operations in 2017 .Migme ltd - cost reduction program will remove further a$300,000 of costs per month by march 2017 to business.  Full Article

Migme Ltd signs MOU with Meitu
Wednesday, 2 Mar 2016 09:25pm EST 

Migme Ltd:Signs mou with meitu and completes a $6.99m share placement.Says placement of 11,650,000 migme shares to Meitu at AU$0.60 per share.  Full Article

Migme signs preload agreement with Momagic in India
Tuesday, 8 Sep 2015 12:32am EDT 

Migme Ltd:Says migme signs preload agreement with momagic in.Momagic will receive fee and revenue share for activations of installed migme app up to maximum of 30 million over initial 15 month agreement period.  Full Article

Migme announces new partnerships with BMBX Entertainment And Terno Recordings
Tuesday, 1 Sep 2015 07:34pm EDT 

Migme Ltd:Says new partnerships with BMBX Entertainment and Terno Recordings.  Full Article

Migme Ltd announces issue of shares
Tuesday, 9 Jun 2015 03:49am EDT 

Migme Ltd:Issues 1,903,842 fully paid ordinary shares.  Full Article

Migme Ltd announces completion of $7,000,000 placement
Tuesday, 21 Apr 2015 01:36am EDT 

Migme Ltd:Says that it has successfully completed the placement of 10,447,761 fully paid ordinary shares, at an issue price of $0.67 per share, to sophisticated and professional investors to raise $7,000,000.  Full Article

Migme Ltd announces share placement to raise $7,000,000
Sunday, 12 Apr 2015 07:15pm EDT 

Migme Ltd:Says that it has received firm commitments for raising of $7,000,000 pursuant to issue of 10,447,761 ordinary fully paid shares at an issue price of $0.67 per share.Placement was originally intended to be $5 million but as a result of demand oversubscriptions of in excess of $2 million were received.Placement was jointly managed by BBY Limited and Patersons Securities Limited and was made to institutional, sophisticated and professional investors only, and supported by existing major shareholders.Funds raised from issue will be used to strengthen migme's position as a global media company focused on emerging markets.Settlement for placement is expected to occur on April 19.  Full Article

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BRIEF-Migme updates on voluntary suspension

* Shares are in voluntary suspension pending finalisation of a US$6 million convertible note financing