MedX Health Corp. announces that pursuant the agreement for an online marketing and awareness program through AGORACOM, that was announced in a Press Release dated June 1, 2020, it has settled the second payment to AGORACOM, in the amount of $13,560, by issuance on August 12, 2020, of 104,307 shares at an issue price of $0.13 per share. The issue price of the shares was determined by using the undiscounted closing price of the Shares of the Company on the TSX Venture Exchange on August 11, 2020, being the last trading day before the date of issuance.
Read Also Customer experience is evolving with the rise in AI and ML usage
The shares were issued pursuant to the prospectus exemption contained in section 2.24 of National Instrument 45-106 Prospectus Exemptions, and are not subject to trading restrictions pursuant to the provisions of National Instrument 45-102, Resale of Securities since the criteria contained in NI 45-102 2.6(3) are met.
