Mr. Mitchell Geisler reports

LEVELJUMP HEALTHCARE CORP. ANNOUNCES PREFERRED SHARE OFFERING INCREASED TO 12% DIVIDEND, REDUCED CONVERSION PRICE

Leveljump Healthcare Corp. is amending the terms of its current preferred share offering.

The company plans to sell a total of five million units at $1 per unit which consist of (i) one common share of Leveljump, at an issue price of 10 cents per common share; and (ii) one 12 per cent cumulative redeemable convertible Class A Series 1 preferred share, at an issue price of 90 cents per preferred share.

Each preferred share is non-voting, carries a cumulative annual dividend of 12 per cent payable quarterly (previously 8 per cent), along with a top-up dividend of 25 per cent of the portion of Leveljump's EBITDA (earnings before interest, taxes, depreciation and amortization) that is above $2-million per year, divided by the then-outstanding preferred shares. The preferred shares are redeemable on the fifth anniversary after issuance at a price of $1 per preferred share (or at a price of $1.10 per preferred share if redeemed any time prior to the redemption date) together with all accrued and unpaid dividends. The preferred shares are also convertible, prior to being redeemed or called, into common shares of the company at a price of 20 cents per common share (previously 40 cents per common share). Subject to applicable law and to certain exceptions, Leveljump may, at any time prior to the redemption date, purchase for cancellation all or any number of the preferred shares outstanding from time to time at any price in the open market if they are listed or posted for trading on a stock exchange or by tender available to all of holders of preferred shares or by private agreement or otherwise.

Previous sales of preferred share units

Subject to TSX Venture Exchange consent, the company will be amending the terms of its currently issued and outstanding 139,000 Class A-1 preferred shares such that the dividend will be increased to 12 per cent and the conversion price reduced to 20 cents per common share, thus ensuring the previous investors in the Class A-1 shares will be treated the same as any new investors under the revised preferred share offering.

Update on Alberta acquisition

As previously announced, the vendors of the Alberta acquisition will be receiving 1.13 million Class A-1 preferred units from the above placement and will carry the new dividend and conversion terms as well.

About Leveljump Healthcare Corp.

Leveljump Healthcare provides telehealth solutions to client hospitals and imaging centers through its teleradiology division, as well as in person radiology services through its IHF's (independent health care facilities).

We seek Safe Harbor.