Mr. Matt Chatterton reports

UNIDOC ANNOUNCES PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES

Unidoc Health Corp. intends to complete a non-brokered private placement offering of non-transferable unsecured convertible debentures for aggregate gross proceeds of up to $100,000.

The debentures will mature and be repayable on the date that is two years from the date of issuance and bear interest at a rate of 6.0 per cent per annum. The company may, at its option, prepay all or any portion of the debentures in cash prior to the maturity date.

Following the closing date and prior to the maturity date, if the company completes one or more subsequent issuances and sales of securities by way of private placement or public offering, including common shares, unit subscription receipts, special warrants or convertible debt, the company will have the right, at its option, to satisfy its obligation to repay the debentures through the conversion of the debentures into units. Each unit will consist of one common share and one common share purchase warrant at a price that equals the price per security (excluding any permitted discounts) issued in any one such future financing event as selected by the company in its sole discretion, provided that in no event shall the price per unit be lower than the minimum price permitted under the policies of the Canadian Securities Exchange.

If the future financing event selected by the company includes units comprising shares and share purchase warrants, the warrants will have the same exercise price and expiry date as the warrants issued pursuant to such future financing event. If the future financing event selected by the company does not include the issuance of warrants, the warrants will have a term of three years from the date of issuance and an exercise price equal to the market price of the company's common shares at the time such future financing event is announced.

The proceeds raised from the offering are expected to be used for working capital and general corporate purposes.

The debentures and any securities issuable upon conversion will be subject to a four-month statutory hold in accordance with applicable Canadian securities laws. Completion of the offering is subject to certain conditions, including receipt of all necessary corporate and regulatory approvals, including the CSE.

About Unidoc Health Corp.

Unidoc is developing an e-health solution that is being designed as a self-contained remote virtual clinic within a private kiosk for patients to undergo full consultations as if they were present in a physician's office. e-health opens the doors to a large segment of the population challenged by access, experience or understanding of on-line computer technology. It is the company's belief that physical accessibility is the key to its business proposition. Unidoc is dedicated to unlocking shareholder value by delivering an excellent product and sophisticated commercial network within an expedited time frame.

We seek Safe Harbor.