PHI Group Signs Investment Agreement for $10 Million Funding

NEW YORK, March 07, 2017, PHIL, (GLOBE NEWSWIRE) PHI Group, Inc. a U.S. public company focusing on acquisitions and investments in natural resources, other select industries and special situations  (www.phiglobal.com) (OTCMarkets:PHIL), announced today that it has signed a definitive investment agreement with Azure Capital (the “Investor”) for a $10 million equity line facility to fund working capital and potential acquisition needs. According to the Investment Agreement and the Registration Rights Agreement, the Investor will commit to purchase up to $10,000,000 of
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