An anonymous director reports
JOLT HEALTH INC. ANNOUNCES FINANCING
Jolt Health Inc. is undertaking a non-brokered private placement of up to $380,000. The company will issue up to 76 million units at a price of 0.5 cent 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.
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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