BURNABY, BRITISH COLUMBIA--(Marketwired - July 28, 2014) -
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.
Premier Diagnostic Health Services Inc. ("Premier" or the "Company") (CSE:PDH) announces that it has settled debt owed to two creditors in the aggregate principal amount of $61,924. The debt was converted into a total of 1,238,486 common shares (the "Shares") at a deemed issue price of $0.05 per Share. Premier did not pay any finder's fees in connection with the issuance, and the Shares are subject to a hold period that expires on November 29, 2014. 908,086 of the Shares were issued to a creditor that is an insider of the Company.
About Premier Diagnostic Health Services Inc. ("PDHS")
PDHS is a Canadian company that provides, through its subsidiaries, advanced medical diagnostic tools using PET/CT technology and/or MRI technology and related diagnostic skills in Canada and in the People's Republic of China, in partnership with local medical professionals, public and private investors, hospitals and clinics.
On behalf of the Board of Directors
Denis Tusar, President and CEO
The Canadian Stock Exchange (CSE) has not reviewed the adequacy or the accuracy of the contents of this document. Company information can be viewed here:
www.cnsx.ca. Further information regarding the Company can be found on SEDAR at ww.sedar.com.