Business
LevelJump Closes Private Placement Raising Gross Proceeds of over $877,000
Toronto, Ontario--(Newsfile Corp. - July 4, 2022) - LevelJump Healthcare Corp. (TSXV: JUMP) (O...
About this update from Leveljump Healthcare Corp.
[{"type":"text","content":"LevelJump Closes Private Placement Raising Gross Proceeds of over $877,000Toronto, Ontario--(Newsfile Corp. - July 4, 2022) - LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) (\"LevelJump\" or the \"Company\"), a Canadian leader in B2B telehealth solutions, is very pleased to announce that, further to its news releases of April 6th, 2022, it has now completed and closed a non-brokered private placement financing. In connection with the private placement, the Company has issued a total of 5,858,334 units for aggregate gross proceeds of $877,000.15 at a price of $0.15 per unit (a \"Unit\").Each Unit consists of one common share of Leveljump and one common share purchase warrant (\"Warrant\"). Each Warrant entitles the holder to acquire one additional common share of Leveljump at an exercise price of $0.20 for a period until January 31, 2024.The net proceeds from the financing will be used towards acquisitions and for general working capital purposes. All securities issued pursuant to this financing will be subject to resale restrictions for a period of four months and one day from closing under applicable securities legislation.About LevelJump HealthcareLevelJump Healthcare Corp., (TSXV: JUMP) is building a national telehealth medical company and brand, currently by providing teleradiology (remote radiology) services to its client hospitals and imaging centers. Additionally, JUMP owns and operates independent healthcare facilities (IHF's) focused on diagnostic imaging.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 Company's business plans and the outlook of the Company's industry. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from th...