mHealth Capital Corp. (TSX VENTURE:DOC.P) (the "Corporation"), a capital pool
company, is pleased to announce it has successfully completed its initial public
offering (the "Offering") of 5,000,000 common shares ("Common Shares") at a
price of $0.10 per share for gross proceeds of $500,000. Leede Financial Markets
Inc. (the "Agent") acted as agent for the Offering. Subsequent to the issuance
of the Common Shares pursuant to the Offering, the Corporation has 9,030,000
Common Shares issued and outstanding. The Corporation has also granted options
to acquire an aggregate of 903,000 Common Shares, at an exercise price of $0.10
per share, to officers and directors of the Corporation, which options will
expire five years from the date of grant. The Corporation paid the Agent a cash
commission equal to 10% of the gross proceeds and a corporate finance fee. In
addition, the Corporation granted the Agent warrants to acquire in the aggregate
500,000 Common Shares at an exercise price of $0.10 per share. The Agent's
warrants will expire 24 months from the date the Corporation's Common Shares are
listed for trading on the TSX Venture Exchange (the "Exchange"). It is expected
that the Corporation's Common Shares will commence trading within 10 days under
the stock symbol DOC.P. 


Investors are cautioned that trading in the securities of a capital pool company
should be considered highly speculative.


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