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Jolt Health Inc
Symbol JOLT
Shares Issued 70,305,458
Close 2023-06-15 C$ 0.02
Market Cap C$ 1,406,109
Recent Sedar Documents

Jolt Health arranges $400,000 private placement

2023-06-15 18:44 ET - News Release

An anonymous director reports

JOLT HEALTH INC. ANNOUNCES FINANCING

Jolt Health Inc. is undertaking a non-brokered private placement of up to $400,000. The company will issue up to 27,972,028 units at a price of 1.43 cents per unit. Each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for a period of two years from the date of closing at a price of five cents, subject to the corporation's option to accelerate the expiry date if the stock trades at 15 cents for 10 trading days.

Jolt intends to use the net proceeds of the offering for general working capital and to review possible acquisitions.

The company may pay qualified finders fees consisting of 8 per cent in cash and 8 per cent in brokers warrants.

About Jolt Health Inc.

Jolt Health is a leading life sciences company focused on health care, biotechnology and artificial intelligence. The company currently holds exclusive licences for innovative therapeutic and pharmaceutical products throughout Europe, the United Kingdom and North America. The company is committed to transforming the industry through research, collaboration and technological advancement, sharping the future of health care worldwide.

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