Mr. Jim Hutchens reports

IMAGIN MEDICAL ANNOUNCES CONTINUATION OF PRIVATE PLACEMENT

Imagin Medical Inc. intends to continue its non-brokered private placement announced Sept. 14, 2016, to raise $800,000 through the distribution of units at eight cents per unit.

Each unit will consist of one common share and one common share purchase warrant; each warrant entitling the holder to acquire one additional common share at 12 cents in the first 12 months, and at 16 cents in the 12 months thereafter.

In addition to relying on the usual exemptions, the placement will be available to all persons who held common shares of the company as of Oct. 31, 2016. If aggregate subscriptions for units from existing shareholders exceed the maximum number of units available, the company will allocate units on a proportionate basis as to each subscriber's holdings of the company's shares as of the record date.

Finder's fees may be paid, in accordance with Canadian Securities Exchange policies. Closing of the placement will be subject to making applicable filings with the CSE.

Proceeds from the placement will be used for general working capital purposes, including advancing the development of imaging solutions for the early detection of cancer through the use of endoscopes.

We seek Safe Harbor.