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Nova Leap Health Corp. Closes CAD$5.5 Million Oversubscribed Non-Brokered Private Placement

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HALIFAX, Nova Scotia, June 11, 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, is happy to announce it closed its non-brokered personal placement, beforehand introduced on Could 31, 2021 and June 3, 2021 (the “Providing”), by the issuance of seven,638,888 frequent shares (the “Frequent Shares”) for gross proceeds of CAD$5,499,999.36 on June 11, 2021.

The Frequent Shares issued pursuant to the Providing are topic to a maintain interval till October 12, 2021. Insiders of the Firm subscribed for an mixture of 323,112 Frequent Shares. The Firm’s materials change report in relation to the insiders’ participation within the Providing won’t have been filed no less than 21 days earlier than the closing of the Providing as participation was not identified at the moment. The Firm paid money finder’s charges of CAD$129,009.59 which was equal to six.0% of the gross proceeds of the Providing raised by sure brokers.

The proceeds from the Providing shall be used for acquisition and growth functions.

The securities supplied haven’t been, nor will they be, registered underneath the USA Securities Act of 1933, as amended, and will not be supplied or offered in the USA 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 proposal to promote or the solicitation of a proposal to purchase nor shall there be any sale of the securities in any State during which 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 Expertise & 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.


Sure info on this press launch might include forward-looking statements, resembling statements relating to the anticipated use of the proceeds from the Providing. This info is predicated on present expectations and assumptions (together with assumptions in reference to common financial and market situations) which can be topic to important dangers and uncertainties which can be tough to foretell. Precise outcomes may differ materially from outcomes instructed in any forward-looking statements. Dangers that might trigger outcomes to vary from these said within the forward-looking statements on this launch embrace these referring to the power 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 explanation why precise outcomes might differ from these mirrored within the forward-looking statements until and till required by securities legal guidelines relevant to the Firm. Further info figuring out dangers and uncertainties is contained within the Firm’s filings with the Canadian securities regulators, which filings can be found at

For additional info:

Chris Dobbin, CPA, CA
Director, President and CEO Nova Leap Well being Corp.
T: 902 401 9480 F: 902 482 5177


Neither TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch.   

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