Business
LevelJump Announces $1.5 Million Non-Brokered Private Placement with Strategic Investors
Toronto, Ontario--(Newsfile Corp. - April 30, 2021) - LevelJump Healthcare Corp. (TSXV: JUMP) ...
About this update from Leveljump Healthcare Corp.
[{"type":"text","content":"LevelJump Announces $1.5 Million Non-Brokered Private Placement with Strategic InvestorsToronto, Ontario--(Newsfile Corp. - April 30, 2021) - LevelJump Healthcare Corp. (TSXV: JUMP) (OTC: JMPHF) (FSE: 75J) (\"LevelJump\" or the \"Company\"), a Canadian leader in B2B telehealth solutions, is pleased to announce that it will be conducting a non-brokered private placement financing of up to 10 million units at $0.15 per unit (a \"Unit\") for gross proceeds of up to $1,500,000 (the \"Offering\").Each Unit will consist of one common share of Leveljump and one common share purchase warrant (\"Warrant\"). Each Warrant will entitle the holder to acquire one additional common share of Leveljump at an exercise price of $0.20 for a period of thirty-six months from the date of closing of the Offering.The Offering is only open to residents of Canada who are \"accredited investors\" as defined under applicable securities legislation. It is the intention that the principal subscribers will include strategic investors made up of private investment funds and high net worth investors in support of the long-term vision of the Company.The net proceeds from the financing will be used towards acquisitions and for general working capital purposes.The Offering is expected to close in early May, 2021. The Offering is conditional upon receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange. The securities to be issued under the Offering will have a hold period of four months and one day from the closing date of the Offering in accordance with applicable securities laws.About LevelJump HealthcareLevelJump Healthcare Corp., (TSXV: JUMP) is building a national medical diagnostic imaging company and brand, primarily by providing teleradiology (remote radiology) services to its client hospitals and imaging centers. Additionally, JUMP plans to expand through the acquisition of independent healthcare facilities focused on diagnostic imaging as well as acquiring new disruptive imaging technologies.ON BEHALF OF THE BOARD OF DIRECTORS OFLEVELJUMP HEALTHCARE CORP.Mitchell Geisler, Chief Executive [email protected](833) 840-2020CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATIONThis news release contains \"forward-looking information\" within the meaning of applicable securities laws relating to the C...