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Global Care Capital Inc
Symbol HLTH
Shares Issued 56,543,235
Close 2020-06-12 C$ 0.19
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Global Care portfolio outfit receives $350,000 order

2020-06-12 07:18 ET - News Release

Mr. Alex Somjen reports

HIGH STANDARD HEALTH CARE LIMITED RECEIVES PURCHASE ORDER FOR MEDICAL GOWNS

Global Care Capital Inc.'s portfolio company, High Standard Health Care Ltd., has received a $350,000 prepaid purchase order for level two medical gowns from a New York-based hospital. The gowns were delivered on Wednesday, June 10, 2020.

High Standard Health Care specializes in procuring personal protective equipment (PPE) including but not limited to respiratory masks, hand sanitizer, gowns, infrared thermometers and face shields, and has been active in procurement during COVID-19 for hospitals, municipalities, long-term care facilities, fire departments and police departments.

High Standard Health Care has existing relationships with China-based manufacturers which supply PPE products. High Standard Health Care provides production orders to these manufacturers from time to time at which point the manufacturers will allocate production from their facilities to support these orders.

Pat Gray, chief executive officer of High Standard Health Care, stated: "High Standard Health Care prides itself on building long-lasting mutually beneficial relationships with hospitals, nursing homes and cities in need of PPE. We continue to support our clients during these difficult times and build trust by offering quick turnarounds and competitive pricing."

About Global Care Capital Inc.

Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile.

We seek Safe Harbor.

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