PriceSensitive

LevelJump (TSXV:JUMP) closes private placement

Health Care
TSXV:JUMP
05 July 2022 09:00 (EDT)

LevelJump Healthcare (JUMP) has closed its previously announced non-brokered private placement for gross proceeds of $877,000.15.

The company issued a total of 5,858,334 units priced at $0.15 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share until January 31, 2024.

Net proceeds will be used for acquisitions and for general working capital.

All securities issued will be subject to a four-month holding period.

Leveljump Healthcare is a healthcare company with a focus on profitable telehealth solutions as well as primary care services in radiology. The company provides radiology solutions for hospitals, emergency rooms, and private clinics.

LevelJump Healthcare Corp. (JUMP) opened trading at C$0.11.

Related News