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NOT FOR RELEASE TO US WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES
VANCOUVER, British Columbia, March 11, 2022 (GLOBE NEWSWIRE) — Global Care Capital Inc. (CSE: HLTH, FRANKFURT: L6V2) (the “Company” or “Global Care“) a global investment company which engages in early stage investment opportunities in private and public companies, is pleased to announce the initial closing under the convertible securities purchase agreement, the details of which are described in the Company’s release of February 25, 2022 and the issuance of an unsecured zero-coupon convertible securities with a principal amount of US$744,000 for a purchase price of US$600,000 and 6,339,872 shares in satisfaction of a fee payable to the investor at a deemed price of $0.05 per Share.
All the securities issued under the initial closing are subject to a statutory hold period of four months plus a day ending on July 11, 2022 in accordance with applicable securities legislation. The proceeds from the issuance of the convertible …
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