Jack Nathan Medical Corp. (TSXV:JNH) acquired Five Medical Clinics in British Columbia, Canada for CAD 2.5 million on November 24, 2021. Pursuant to the terms, Jack Nathan will pay initial cash payment of CAD 0.5 million and will issue 1.25 million shares. Additionally, Jack Nathan will pay cash earnout of CAD 0.98 million and issue 2.95 million shares, which are to be earned out over four separate six-month intervals spanning two years post-closing and tied to performance measures. The transaction is earning accretive.

Jack Nathan Medical Corp. (TSXV:JNH) completed the acquisition of Five Medical Clinics in British Columbia, Canada on November 24, 2021.