Mr. Jeff Ruby reports
NEWTOPIA ANNOUNCES EXERCISE OF WARRANTS
Approximately 2.57 million warrants issued as part of
Newtopia Inc.'s March 7, 2023, private placement of units have been exercised at an exercise price of 10 cents per common share of the company for gross proceeds of approximately $257,000.
To demonstrate continued support for the company's growth plans, Jeff Ruby, the company's chief executive officer and a director, as well as Roger Poirier, a director of the company, were among the warrantholders that exercised their warrants.
About Newtopia Inc.
Newtopia is a personalized whole-health platform helping people create positive lifelong habits that prevent, slow or reverse chronic disease while reducing health care costs. The platform leverages genetic, social and behavioural insights to create individualized prevention programs with a focus on metabolic disease, diabetes, mental health challenges, hypertension, weight management and musculoskeletal disorders. With a person-centred approach that combines virtual care, digital tools, connected devices and actionable data science, Newtopia delivers sustainable clinical and financial outcomes. Newtopia serves some of the largest nationwide employers and health plans.
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