VitalHub Announces Results of June 2018 AGM
04 July 2018 - 9:30PM
VitalHub Corp. (the “Company” or “VitalHub”) (TSXV:VHI) is pleased
announce the results of June 2018 Annual General Meeting (“AGM”),
and recent proceeds to the Company derived from redeemed warrants.
In accordance with Toronto Stock Exchange requirements, the
nominees listed in VitalHub management information circular dated
May 22, 2018, were elected as directors of the Company at the June
2018 AGM. The directors Dan Matlow, Barry Tissenbaum, Steve
Garrington, Chris Schnarr, Mohan Plankot and Roger Dent were
unanimously elected at the Annual General Meeting held on June 27,
2018. Shareholders present in person or by proxy totaled 23,984,756
shares, representing 19.21% of the total issued and outstanding
shares of the Company.
VitalHub would also like to announce that in recent weeks,
shareholders have begun to redeem warrants which, as of today’s
date, total 5,326,220 shares exercised with net proceeds of
$895,575 to the Company.
“We believe we have assembled a very strong, diverse, and
seasoned Board of Directors that have the skills and experience
necessary to help guide us as we continue to execute on our growth
plans,” said Dan Matlow, CEO of VitalHub. “We continue to see our
pipeline grow both on the mergers and acquisition front and organic
growth side of our business, and we are looking forward to the
second half of the fiscal year.”
ABOUT VITALHUB:
VitalHub develops and supports mission-critical healthcare
information systems in the Mental Health (Child, Youth and Adult),
Long Term Care, Community Health Service, Home Health and Hospital
sectors. VitalHub technologies include Blockchain, Mobile, and
Web-Based Assessment and EHR solutions.
VitalHub's aim is to create high-value, secured solutions
enabling interoperability among existing health data systems.
VitalHub is primarily focused on working with organizations in the
Mental Health, Acute and Long-Term Care space, to further extend
organization's applications across the continuum of care, powered
by the security, efficiency, and trust of Blockchain
technology.
The Company has a robust two-pronged growth strategy, targeting
organic growth opportunities within its product suite, and pursuing
an aggressive M&A plan. Currently, VitalHub serves 200+ clients
across North America. VitalHub is based in Toronto, Canada, with an
offshore development hub in Sri Lanka. The Company is publicly
traded on the TSX Venture Exchange under the symbol "VHI".
CAUTIONARY STATEMENT
The TSX Venture Exchange has in no way passed upon the merits of
the transactions and has neither approved nor disapproved the
contents of this press release. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this press release.
CONTACT INFORMATION
Dan MatlowChief Executive Officer, Director(416)
727-9061dan.matlow@vitalhub.com
Vitalhub (TSXV:VHI)
Historical Stock Chart
From Apr 2024 to May 2024
Vitalhub (TSXV:VHI)
Historical Stock Chart
From May 2023 to May 2024