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NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
HALIFAX, Nova Scotia, Could 31, 2021 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or the “Firm”), a house well being care group ranked #2 on the 2020 Report on Enterprise rating of Canada’s High Rising Corporations, will undertake a non-brokered non-public placement to boost as much as CAD$2 million (the “Providing”) by way of the issuance of as much as 2,777,777 widespread shares of the Firm (“Widespread Shares”) at a value of CAD$0.72 per Widespread Share.
In reference to the Providing, Nova Leap could pay a money finder’s price of as much as 6% of the proceeds raised from the Providing. The proceeds from the Providing might be used for acquisition and growth functions.
“We proceed to obtain high quality acquisition alternatives regularly”, stated Chris Dobbin, President & CEO of Nova Leap. “We not too long ago introduced the very best quarterly income leads to the Firm’s historical past, and now we have plans for vital development for the rest of the 12 months. This funding will permit us to behave rapidly on acquisition alternatives as we proceed to scale the enterprise.”
Closing of the Providing is predicted to happen on or about June 30, 2021. The Providing is topic to sure circumstances together with, however not restricted to, the receipt of all essential regulatory and inventory alternate approvals, together with the approval of the TSX Enterprise Trade. The Widespread Shares issued pursuant to the Providing might be topic to a 4 month maintain interval in accordance with relevant Canadian securities legal guidelines.
The securities being provided haven’t been, nor will they be, registered underneath america Securities Act of 1933, as amended, and will not be provided or offered in america or to, or for the account or good thing about, U.S. individuals absent registration or an relevant exemption from the registration necessities. This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase nor shall there be any sale of the securities in any State wherein such supply, solicitation or sale could be illegal.
About Nova Leap
Nova Leap is an acquisitive residence well being care companies firm working in one of many fastest-growing industries within the U.S. & Canada. The Firm performs an important function inside the continuum of care with a person and household centered focus, notably these requiring dementia care. Nova Leap achieved the #2 rating on the 2020 Report on Enterprise rating of Canada’s High Rising Corporations and the #10 Rating within the 2019 TSX Enterprise 50™ within the Clear Know-how & Life Sciences sector. The Firm is geographically diversified with operations in 7 completely different U.S. states inside the New England, South- Central and Midwest areas in addition to Nova Scotia, Canada.
FORWARD LOOKING INFORMATION:
Sure data on this press launch could comprise forward-looking statements, akin to statements concerning the anticipated closing of and the anticipated use of the proceeds from the Providing, acquisition and growth plans, availability of high quality acquisition alternatives and development of the Firm. This data is predicated on present expectations and assumptions (together with assumptions in reference to acquiring all essential approvals for the Providing and basic financial and market circumstances) which are topic to vital dangers and uncertainties which are troublesome to foretell. Precise outcomes may differ materially from outcomes advised in any forward-looking statements. Dangers that would trigger outcomes to vary from these said within the forward-looking statements on this launch embody these referring to the flexibility to finish the Providing on the phrases described above. The Firm assumes no obligation to replace the forward-looking statements, or to replace the the reason why precise outcomes may differ from these mirrored within the forward-looking statements until and till required by securities legal guidelines relevant to the Firm. Extra data figuring out dangers and uncertainties is contained within the Firm’s filings with the Canadian securities regulators, which filings can be found at www.sedar.com.
Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.
For additional data: Chris Dobbin, CPA, CA Director, President and CEO Nova Leap Well being Corp. T: 902 401 9480 F: 902 482 5177 E: email@example.com