on Jolt Health Inc. (isin : CA5471531064)
Jolt Health Inc. Announces Financing
Vancouver, BC / ACCESSWIRE / July 25, 2024 / Jolt Health Inc. ("JOLT" or "the Company") (CSE:JOLT)(FSE:G1Q0) disclosed plans for a non-brokered private placement to raise up to $500,000. The company plans to issue up to 583,333,333 units at $0.006 per unit. Each unit includes one common share and half of a common share warrant. One whole warrant allows the holder to purchase an additional common share for two years at $0.05, with potential acceleration if the stock hits $0.15 for ten trading days.
Certain insiders are expected to participate in the financing. The Company is utilizing various exemptions under NI 61-101 regarding valuation and minority approval requirements in related party transactions.
Proceeds will be used for general working capital. For further details, contact Gerald Tritt, CEO at 1 (604) 343-2977 or via email at info@jolt-health.com.
R. E.
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