Golden Care Solutions ("GCS") is a national medical practice that collaborates with other practices and providers nationwide to provide comprehensive preventive services built on Annual Wellness Visits, Remote Patient Monitoring, and Chronic Care Management.
Carespan's platform will be used to support GCS's clinicians as they launch services with client practices in the next month.
According to
Further to its news release dated
Certain individuals who were/are each considered a "related party" (as such term is defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions ("MI 61-101")) hold the class of Warrants which were subject to the Warrant Repricing:
Warrants Held | |
260,700 | |
1,200,000 | |
263,157 | |
208,560 |
* |
.
The Warrant Repricing constitutes a related party transaction as defined under MI 61-101. Such transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Warrants held by the interested party, nor the consideration for the Warrants paid by such interested party, exceed 25% of the Company's market capitalization.
Pursuant to the policies of the TSXV, because
CareSpan is a healthcare technology and services company incorporated in
Golden Care Solutions (GCS) is a national medical practice that collaborates with other practices and providers nationwide to provide comprehensive preventive services built upon the basics of Annual Wellness Visits, Remote Patient Monitoring, and Chronic Care Management. GCS has been proven to increase provider revenue, reduce care expenses and increase patient engagement in their ongoing care. Doctors make more revenue, insurance carriers and patients spend less, and patients get better care.
For further information please visit:
http://www.carespanhealth.com, http://www.americanapn.com and
http://www.americanmedpsych.com
This news contains "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements") which reflect the current expectations of management of the company's future growth, results of operations, performance, and business prospects and opportunities, Forward-looking statements are frequently, but not always, identified by words such as "may", "would", "could", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential for", "intend" and similar expressions or the negative of these terms or other comparable terminology, although these words may not be present in all forward-looking statements.
Forward-looking statements are based on management's assumptions as at the date of the forward-looking statements are provided. Though management believes that its assumptions are reasonable in the circumstances, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to differ materially from all or any of the future results, performance or achievements expressed or implied by forward-looking statements. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements.
Although the forward-looking statements contained in the news release are based upon what management currently believes to be reasonable assumptions, the Company cannot assure prospective investors that actual results, performance or achievements will be consistent with these forward-looking statements. Except as required by law, the Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the
SOURCE
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