February 5, 2018 / 5:25 AM / 9 months ago

BRIEF-‍Skyfii To Acquire US-based Causely

Feb 5 (Reuters) - Skyfii Ltd:

* ‍SKYFII TO ACQUIRE CAUSELY TO EXPAND ITS GLOBAL FOOTPRINT AND MARKETING SERVICES OFFERING​

* ‍ALL SCRIP TRANSACTION FOR 25 MILLION NEW ORDINARY SHARES IN SKYFII TO BE ISSUED AT A$ 0.14 PER SHARE VALUING ACQUISITION AT A$3.5 MILLION​

* CAUSELY CUSTOMER CONTRACTS WILL DELIVER A GUARANTEED MINIMUM OF US$1.625 MILLION IN NET PROFIT TO SKYFII OVER INITIAL THREE YEAR PERIOD Source text for Eikon: Further company coverage:

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