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Enter Symbol
or Name
USA
CA



LED Medical Diagnostics Inc
Symbol LMD
Shares Issued 100,393,519
Close 2015-07-21 C$ 0.26
Market Cap C$ 26,102,315
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ORIGINAL: LED Medical Diagnostics Announces Completion of Issuance of Senior Secured Debentures Totaling CDN$1.1 Million

2015-07-22 14:49 ET - News Release

VANCOUVER, BC -- (Marketwired) -- 07/22/15

LED Medical Diagnostics Inc. (“LED” or the “Company”) (TSX VENTURE: LMD) (OTCQX: LEDIF) (FRANKFURT: LME) announced today that it has completed a financing of CDN$1,100,000 through the issuance of 10% senior secured debentures of the Company each in the amount of CDN$10,000 (the "Debentures") and maturing after 12 months. The Debentures were issued as part of a non-brokered private placement of units (each a "Unit") with each Unit consisting of: (i) a Debenture; and (ii) 5,950 common share purchase warrants of the Company (each a "Warrant"). The subscription price for each Unit was CDN$10,000.

The Company granted the Warrants as a loan bonus in accordance with Exchange Policy 5.1 of the TSX Venture Exchange (the "TSX-V") and each such Warrant entitles the holder thereof to acquire one common share in the capital of the Company for USD$0.28 for a period of 12 months.

The proceeds will be used by LED for general corporate purposes.

All securities issued in connection with the transaction are subject to a hold period expiring four months after the Closing Date.

The private placement has received final approval of the TSX-Venture Exchange.

About LED Medical Diagnostics Inc.

Founded in 2003 and headquartered in Vancouver, British Columbia, Canada, LED Medical Diagnostics Inc., through its wholly-owned subsidiaries LED Dental Inc. and LED Dental Ltd, provide dentists and oral health specialists with advanced diagnostic imaging products and software, in addition to the award-winning VELscope® Vx tissue fluorescence visualization technology. Backed by an experienced leadership team and dedicated to a higher level of service and support, LED Dental is committed to providing dental practitioners with the best technology available by identifying and adding leading products to its growing portfolio.

The Company is currently listed on the TSX-V under the symbol “LMD”, the OTCQX under the symbol “LEDIF”, as well as the Frankfurt Stock Exchange under the symbol “LME”. For more information, call 884.952.7327 or visit www.leddental.com/investor-relations.

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 release.

Investor Relations:
MZ Group
Mike Cole
Phone: 949.444.1341
Email: mike.cole@mzgroup.us

Media Contact:
LED Dental
Chris Koch
Phone: 678.293.9413
Email: chris.koch@leddental.com

Corporate Contact:
LED Medical
David Gane
CEO
Phone: 604-434-4614 x227
Email: david.gane@leddental.com

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