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Empower Clinics Announces Closing of Private Placement, Resignation of Auditor and Resignation of MediSure Canada Inc. President
Empower Clinics Announces Closing of Private Placement, Resignation of Auditor and Resignation of MediSure Canada Inc. President
VANCOUVER BC / ACCESSWIRE / December 14, 2022 / EMPOWER CLINICS INC. (CSE:EPW)(OTCQB:EPWCF) ("Empower" or the "Company") today announces that on December 13, 2022, it completed a non-brokered private placement of units (each a "Unit") at a price of $0.05 per Unit, for aggregate gross proceeds of $842,500 (the "Financing"). In connection with the Financing, the Company issued 16,850,000 Units, comprised of (i) 14,850,000 Units issued as settlement of $742,500 in outstanding debt and (ii) 2,000,000 Units issued for cash proceeds of $100,000.
Each Unit consists of one common share in the capital of the Company (each, a "Share") and one Share purchase warrant (each, a "Warrant"). Each Warrant is exercisable into one Share at $0.075 per share until two years from closing.
The Units are subject to a four-months and one-day hold period under applicable securities laws.
The proceeds of the Financing are expected to be used for working capital purposes and general administrative expenses.
The Company also announces that, effective December 13, 2022, MNP, LLP has resigned as auditor of the Company and a replacement auditor will be named in the near future.
The Company also announces a leadership transition at MediSure Canada Inc. Mario Cortis, President of MediSure Canada Inc., has resigned and the Company will soon announce an interim leader as part of this transition as well as recruitment for a permanent President. Empower would like to thank Mr. Cortis for his contributions and wish him well for his future endeavours.
ABOUT EMPOWER
Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, a medical device company and world-class medical diagnostics laboratories. Supported by an experienced leadership team, Empower is aggressively growing its clinical and digital presence across North America. Its Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of our patients, while simultaneously providing long term value for our shareholders.
ON BEHALF OF THE BOARD OF DIRECTORS:
Steven McAuley
Chief Executive Officer
CONTACTS:
Media:
Steven McAuley CEO
s.mcauley@empowerclinics.com
+1 855-855-9058
Investors:
Tamara Mason
Business Development &
Communications
t.mason@empowerclinics.com
+1 855-855-9058
DISCLAIMER FOR FORWARD-LOOKING STATEMENTS
This news release contains certain "forward-looking statements" or "forward-looking information" (collectively "forward looking statements") within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as "plans", "continues", "expects", "projects", "intends", "believes", "anticipates", "estimates", "may", "will", "potential", "proposed" and other similar words, or information that certain events or conditions "may" or "will" occur. Forward-looking statements in this news release include statements regarding the expected use of proceeds of the Financing and the expected timing of an interim and permanent replacement President of MediSure Canada Inc. Such forward-looking statements are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including that the Financing may not be completed on the terms expected or at all, and other factors beyond the Company's control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.
SOURCE: Empower Clinics Inc.
View source version on accesswire.com:
VANCOUVER BC / ACCESSWIRE / December 14, 2022 / EMPOWER CLINICS INC. (CSE:EPW)(OTCQB:EPWCF) ("Empower" or the "Company") today announces that on December 13, 2022, it completed a non-brokered private placement of units (each a "Unit") at a price of $0.05 per Unit, for aggregate gross proceeds of $842,500 (the "Financing"). In connection with the Financing, the Company issued 16,850,000 Units, comprised of (i) 14,850,000 Units issued as settlement of $742,500 in outstanding debt and (ii) 2,000,000 Units issued for cash proceeds of $100,000.
温哥华BC/ACCESSWIRE/2022年12月14日/Empower Clinics Inc. (CSE:EPW)(场外市场:EPWCF) ("增强能力“或”公司“)今天宣布,于2022年12月13日,完成了一项非中介私募单位(每个单位单位“),每单位售价0.05元,总收益为842,500元(”融资与融资有关,本公司发行了16,850,000个单位,包括(I)14,850,000个单位以清偿742,500美元的未偿债务及(Ii)2,000,000个单位作为现金收益100,000美元而发行。
Each Unit consists of one common share in the capital of the Company (each, a "Share") and one Share purchase warrant (each, a "Warrant"). Each Warrant is exercisable into one Share at $0.075 per share until two years from closing.
每个单位由公司股本中的一股普通股组成(每股,一股分享)及一份股份认购权证(各一份搜查令“)。每份认股权证可按每股0.075美元行使为一股,直至交易结束起计两年。
The Units are subject to a four-months and one-day hold period under applicable securities laws.
根据适用的证券法,该等单位须受四个月零一天的持有期限制。
The proceeds of the Financing are expected to be used for working capital purposes and general administrative expenses.
融资所得预计将用于营运资金用途和一般行政费用。
The Company also announces that, effective December 13, 2022, MNP, LLP has resigned as auditor of the Company and a replacement auditor will be named in the near future.
本公司还宣布,自2022年12月13日起,MNP,LLP已辞去本公司核数师一职,并将在不久的将来任命一名替代核数师。
The Company also announces a leadership transition at MediSure Canada Inc. Mario Cortis, President of MediSure Canada Inc., has resigned and the Company will soon announce an interim leader as part of this transition as well as recruitment for a permanent President. Empower would like to thank Mr. Cortis for his contributions and wish him well for his future endeavours.
该公司还宣布了MediSure加拿大公司的领导层换届。MediSure加拿大公司的马里奥·科蒂斯和总裁已经辞职,公司不久将宣布一位临时领导人,作为这一换届的一部分,并招聘一名永久总裁。Enpower谨感谢科蒂斯先生的贡献,并祝愿他今后的工作一切顺利。
ABOUT EMPOWER
关于授权
Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, a medical device company and world-class medical diagnostics laboratories. Supported by an experienced leadership team, Empower is aggressively growing its clinical and digital presence across North America. Its Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of our patients, while simultaneously providing long term value for our shareholders.
Empower是一家综合性医疗保健公司,通过其诊所、数字和远程医疗护理、医疗设备公司和世界级医疗诊断实验室为患者提供身心健康。在经验丰富的领导团队的支持下,Empower正在北美地区积极扩大其临床和数字业务。其健康与健康和诊断与技术业务部门的定位是积极影响我们患者的综合健康,同时为我们的股东提供长期价值。
ON BEHALF OF THE BOARD OF DIRECTORS:
我谨代表董事会:
Steven McAuley
Chief Executive Officer
史蒂文·麦考利
首席执行官
CONTACTS:
联系人:
Media:
媒体:
Steven McAuley CEO
s.mcauley@empowerclinics.com
+1 855-855-9058
史蒂文·麦考利首席执行官
邮箱:s.mcauley@empower Clinics.com
+1 855-855-9058
Investors:
投资者:
Tamara Mason
Business Development &
Communications
t.mason@empowerclinics.com
+1 855-855-9058
塔玛拉·梅森
业务发展和
通信
邮箱:t.mason@empower Clinics.com
+1 855-855-9058
DISCLAIMER FOR FORWARD-LOOKING STATEMENTS
对前瞻性陈述的免责声明
This news release contains certain "forward-looking statements" or "forward-looking information" (collectively "forward looking statements") within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as "plans", "continues", "expects", "projects", "intends", "believes", "anticipates", "estimates", "may", "will", "potential", "proposed" and other similar words, or information that certain events or conditions "may" or "will" occur. Forward-looking statements in this news release include statements regarding the expected use of proceeds of the Financing and the expected timing of an interim and permanent replacement President of MediSure Canada Inc. Such forward-looking statements are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including that the Financing may not be completed on the terms expected or at all, and other factors beyond the Company's control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.
本新闻稿包含适用于加拿大证券法的某些“前瞻性陈述”或“前瞻性信息”(统称为“前瞻性陈述”)。除有关历史事实的陈述外,所有陈述均为前瞻性陈述,均基于截至本新闻稿发布之日的预期、估计和预测。前瞻性表述常常可以用“计划”、“继续”、“预期”、“项目”、“打算”、“相信”、“预期”、“估计”、“可能”、“将”、“潜在”、“建议”和其他类似词语,或某些事件或条件“可能”或“将”发生的信息来识别。本新闻稿中的前瞻性陈述包括有关融资收益的预期用途以及临时和永久接替MediSure加拿大公司总裁的预期时间的陈述。此类前瞻性陈述基于管理层目前已知的假设,受风险和不确定因素的影响,这些风险和不确定性可能会导致实际结果、业绩或发展与前瞻性陈述中包含的大不相同,包括融资可能不按预期或根本不能完成的条款,以及公司无法控制的其他因素。不能保证前瞻性陈述中预期的任何事件都会发生,或者如果发生了,公司将从中获得什么好处。告诫读者不要过度依赖本新闻稿中的前瞻性陈述,这些前瞻性陈述完全受这些警告性陈述的限制。除适用的证券法明确要求外,公司没有义务更新或修改本新闻稿中的任何前瞻性陈述,除非适用的证券法明确要求,无论是由于新信息、未来事件还是其他原因。
SOURCE: Empower Clinics Inc.
资料来源:Empower Clinics Inc.
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