10:59:18 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



Ventripoint Diagnostics Ltd (2)
Symbol VPT
Shares Issued 166,733,530
Close 2025-06-27 C$ 0.135
Market Cap C$ 22,509,027
Recent Sedar Documents

Ventripoint to settle debenture interest with shares

2025-06-30 10:40 ET - News Release

Mr. Hugh MacNaught reports

VENTRIPOINT TO ISSUE SHARES FOR PAYMENT OF DEBENTURE INTEREST

Ventripoint Diagnostics Ltd. will satisfy debenture interest payment obligations with the issuance of common shares, subject to TSX Venture Exchange approval. The corporation will issue an aggregate of 564,473 common shares for the payment of an aggregate $76,203.59 of interest owing on certain outstanding convertible debentures issued by the corporation on May 10, 2024, Sept. 20, 2024, and Dec. 16, 2024. The convertible debentures bear interest at a rate of 10 per cent per year, payable every six months. The shares will be issued at a deemed price of 13.5 cents, subject to the approval of the TSX-V, and are subject to a hold period of four months and one day. The issuance of the shares will not create a control person of the corporation.

About Ventripoint Diagnostics Ltd.

Ventripoint has become an industry leader in the application of AI (artificial intelligence) to echocardiography. Ventripoint's VMS products are powered by its proprietary knowledge-based reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to magnetic resonance imaging. This affordable, gold-standard alternative allows cardiologists greater confidence in the management of their patients. Providing better care to patients serves as a springboard and basic standard for all of Ventripoint's products that guide its future developments. In addition, VMS+ is versatile and can be used with all ultrasound systems from any vendor supported by regulatory market approvals in the United States, Europe and Canada.

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