Global Health Clinics Ltd. (CNSX:MJRX) will look for acquisitions. The company announced that it will be arranging a non-brokered private placement of 15,000,000 units (each, a 'Unit'), at a price of $0.05 per Unit, for gross proceeds of $750,000.00. Each Unit consists of one common share of the Company, and one share-purchase warrant entitling the holder to acquire an additional share at a price of $0.055 per share for a period of 36 months following the date of issue. All securities issued in the offering are subject to a 4 month hold period from the date of issuance as according to securities law. The net proceeds from the private placement will be used for the development of the business, potential acquisitions, and general working capital purposes.