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Health Logic cancels RTO LOI with Hydro Giant

2023-12-12 16:28 ET - News Release

Subject: Press Release Word Document File: '\\swfile\EmailIn\20231212 132025 Attachment 2023-12-12 Health Logic NR - Cancelling LOI with Hydro Giant.docx' HEALTH LOGIC INTERACTIVE ANNOUNCES CANCELLING OF LETTER OF INTENT TO COMPLETE A REVERSE TAKEOVER TRANSACTION WITH HYDRO GIANT CALGARY, AB, December 12, 2023 - Health Logic Interactive Inc. ("Health Logic" or the "Company") (TSXV: CHIP.H) (OTCPK: CHYPF), a Company in the search of licensing and acquisition opportunities, reports that following a recent meeting of the board the Company has terminated its previously signed LOI with Hydro Giant. The Company has decided that given certain timeline, execution, and working capital risks, that the acquisition is no longer in the best interest of the Company. We wish Hydro Giant the best in its future endeavours and hope for its continued success. About Health Logic Interactive Inc. Health Logic Interactive is a public entity on the NEX board of the TSX-V and intends to pursue its search for new assets to develop and make an application to the TSX-V for a reactivation to Tier 2 of the TSX-V from the NEX. The reactivation will be subject to meeting all continued listing requirements of Tier 2 of the TSX-V. Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com. Disclaimer and Cautionary Notes Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, are forward-looking statements. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law. SOURCE Health Logic Interactive Inc. Harrison Ross, CEO, 1-778-870-5051 , harrison@healthlogicinteractive.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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