For Personal Use Only Use Personal for Media Contact Australia/Asia Luke Forrestal Mobile: (+61) 411 479 144 [email protected]
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MEDIA RELEASE 11 August 2014 SOCIAL ENTERTAINMENT NETWORK MIGME LISTS ON ASX HIGHLIGHTS Successful completion of the merger of Project Goth Inc. and Latin Gold Ltd and the re-listing on the ASX as migme Limited with over US$10m in working capital Monthly Average Users in excess of five million and growing Two experienced senior executives join the migme Limited management team: Gene Yu appointed as Vice President of Corporate Development and will be based in Taiwan Co-Founder, Mei Lin Ng returns as Vice President of Marketing after successes with King Digital Entertainment Plc. Popular social entertainment network for the emerging markets, migme will begin trading on the Australian Securities Exchange (ASX) today under ticker code “MIG”. migme’s ASX debut follows its merger with exploration entity Latin Gold Limited, which was approved by Latin Gold’s shareholders in June. Founder and CEO Steven Goh said the listing marked another important milestone in the evolution of the company. “We’re extremely excited to have reached this point and look forward to continuing the great progress migme has made this year, which has seen the platform’s monthly average users reach in excess of five million,” he said. “After the merger and consolidation of the group, migme will start with in excess of USD$10m in net cash reserves which will be applied substantially towards working capital and to meet the group’s growth plans.” migme has further strengthened its executive team with the appointment of former Palintir Technologies Inc executive Gene Yu as Vice President of Corporate Development (based in Taiwan) and the return of Co-Founder Mei Lin Ng as Vice President Marketing, following a period with leading games developer King Digital Entertainment Plc. migme has recommenced trading with 251,632,014 shares on issue and 7.5 million unlisted options. The Company’s largest shareholder is Big Build Enterprises, a wholly owned subsidiary of FIH Mobile Limited, which is part of the Foxconn Technology Group, the world’s leading provider of manufacturing services to the electronics industry. For personal use only Media contact Australia/Asia Luke Forrestal Mobile: (+61) 411 479 144 [email protected] U.S. Timothy Johnson Mobile: (1) 408-499-7617 [email protected] About migme Limited migme Limited’s principle asset is a social entertainment platform for the emerging markets that is headquartered in Singapore and has operations in Malaysia, Indonesia, Taiwan and Hong Kong. migme was formerly mig33 and was relaunched as migme in June 2014. Users can chat, share stories and play games on both mobile devices and on the web. Unique to migme is a set of monetisation tools that are relevant for the emerging markets. The company also owns alivenotdead.com, a social community for artists, based in Hong Kong. For more information, please visit company.mig.me For personal use only.