Business
LevelJump Healthcare Corp. Announces Sale of Real Time Medical Investment
Toronto, Ontario--(Newsfile Corp. - August 30, 2023) - LevelJump Healthcare Corp. (TSXV: JUMP) (O...
About this update from Leveljump Healthcare Corp.
[{"type":"text","content":"LevelJump Healthcare Corp. Announces Sale of Real Time Medical InvestmentToronto, Ontario--(Newsfile Corp. - August 30, 2023) - LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) (\"LevelJump\" or the \"Company\"), a Canadian leader in B2B telehealth solutions, announced that it has entered into an agreement to sell its investment in Real Time Medical Inc. (\"RTM\").On August 25, 2023, the Company entered into an agreement with RTM and its directors to sell the Company's interest in RTM, for $1,082,000 in cash, to designees of RTM. The sale is scheduled to close on or before January 15, 2024.As part of the agreement, the Company has agreed to discontinue its oppression claim against RTM and its directors (CV-22-683214-00CL) in Ontario Superior Court (see the Company's news release dated July 5, 2022) and forgive a shareholder loan to RTM.About LevelJump HealthcareLevelJump Healthcare Corp., (TSXV: JUMP) provides telehealth solutions to client hospitals and imaging centers through its Teleradiology division, as well as in person radiology services through its IHF's (Independent Healthcare Facilities). JUMP focuses primarily on critical care for urgent and emergency patients, establishing integral relationships in the communities we serve.ON BEHALF OF THE BOARD OF DIRECTORS OFLEVELJUMP HEALTHCARE CORP.Mitchell GeislerChief Executive OfficerCaitlin-Robyn DensmoreInvestor Relations [email protected](437) 214-1568CAUTIONARY 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, considering 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 those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or rev...