Each Special Warrant will entitle its holder to receive, for no additional consideration, one (1) common share of the Company (an "Underlying Share") and may be exercised by the holder thereof at any time after the closing date of the Offering (the "Closing Date"), with all unexercised Special Warrants being deemed exercised, without required action on the part of the holders, on the date (the "Deemed Exercise Date") that is the earlier of:
I. the date on which a final receipt is obtained for the filing of a final short form prospectus (the "Final Prospectus") qualifying the distribution of the Underlying Shares (the "Qualifying Date"); and
II.
The Company has agreed to use its commercially reasonable efforts to obtain a receipt for the Final Prospectus (the "Qualifying Condition") on or before
The Corporation plans to use the net proceeds from the Offering for working capital and general corporate purposes.
The Offering was completed through a syndicate of underwriters (the "Underwriters") led by
About
With services that address the growing demand within the Canadian healthcare system,
Forward Looking Statements
This press release contains statements that may constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward-looking statements include, among others, statements regarding the Company's business strategy, plans and other expectations, beliefs, goals, objectives, information and statements about possible future events, including the intended use of proceeds of the Offering. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate" or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management.
Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. Factors that could cause such differences include the Company's liquidity and capital requirements, government regulation and funding, the highly competitive nature of the Company's industry, reliance on contracts with key customers and other risk factors described from time to time in the reports and disclosure documents filed by the Company with Canadian securities regulatory agencies and commissions. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. As a result of the foregoing and other factors, no assurance can be given as to any such future results, levels of activity or achievements and neither the Company nor any other person assumes responsibility for the accuracy and completeness of these forward-looking statements. The factors underlying current expectations are dynamic and subject to change.
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