Jack Nathan Health Commences Trading on the OTCQB
04 Mars 2021 - 1:00PM
Business Wire
Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF)
(“Jack Nathan Health” “JNH” or the “Company”), a provider of
primary care medical clinics located in Walmart® Supercentres under
the Jack Nathan Health® brand, is pleased to announce that on March
3, 2021, the Company’s common shares began trading on the OTCQB
Venture Market under the symbol “JNHMF.” The Company shares
continue to trade on the Toronto Venture Stock Exchange (TSXV)
under the symbol JNH.
“This listing is a significant milestone for Jack Nathan Health
and one that we anticipate will provide additional liquidity and
increased exposure to US investors. As our Company continues to
execute on its growth strategy to bring accessible healthcare to
people through our clinics, the US market is important both in
terms of investor interest, but also potential opportunities,” said
George Barakat, Chief Executive Officer of Jack Nathan Health “It
is also a reflection of our commitment to transparency and to build
sustainable shareholder value.”
“Listing on the OTCQB is an extension of our capital markets
strategy and an important step to increase investor awareness and
interest in Jack Nathan Health,” said Mike Marchelletta, President
and Co-Founder of Jack Nathan Health. “With the potential for
enhanced liquidity and heightened investor exposure, listing on a
US exchange is a crucial step for generating this type of elevated
standing within the growing healthcare industry.”
The OTCQB is a leading market for early stage and developing
companies and is operated by the OTC Markets Group Inc. To be
eligible for approval to trade on the OTCQB, companies must be
current on disclosure obligations, provide an annual company
verification and management certification process, and to pass a
minimum bid price test. The OTCQB quality standards create a solid
baseline of transparency, as well as the technology to improve the
information and trading experience for investors. It also provides
access for investors who cannot access trading on the TSX
Venture.
The Company also reports that it is in the process of completing
its application for DTC eligibility through the Depository Trust
Company (“DTC”). DTC is a subsidiary of the Depository Trust &
Clearing Corporation that manages the electronic clearing,
settlement, and transfer of shares for publicly traded
companies.
About Jack Nathan Medical
Corp.
Jack Nathan Medical Corp., operating as Jack Nathan Health®, is
one of Canada’s largest health care networks. Jack Nathan Health is
an innovative health care company that is improving access for
millions of patients by co-locating physician and ancillary medical
services conveniently located inside Walmart® stores.
Jack Nathan Health provides an exceptional level of patient
care, made possible through patient-centric physicians, a variety
of medical services, technology, and programs, designed to put
patients first. Our mission is to provide everyone access to the
finest quality retail medical centres, with both in-clinic
physicians and digital telemedicine, so you and your loved ones can
“Live Your Best Life”.
Jack Nathan Health was established in 2006 and continues to
expand its international footprint, delivering exceptional,
state-of-the-art, turn-key medical centres in 76 Walmart locations
across Canada including British Columbia, Alberta, Saskatchewan,
Manitoba, Ontario, and Quebec, as well as 11 locations in
Mexico.
For more information, visit www.jacknathanhealth.com or
www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. Certain statements contained in this press release
constitute "forward-looking information" as such term is defined in
applicable Canadian securities legislation. The words "may",
"would", "could", "should", "potential", "will", "seek", "intend",
"plan", "anticipate", "believe", "estimate", "expect" and similar
expressions as they relate to Jack Nathan are intended to identify
forward-looking information. All statements other than statements
of historical fact may be forward-looking information. Such
statements reflect the Company's current views and intentions with
respect to future events, and current information available to
them, and are subject to certain risks, uncertainties, and
assumptions Many factors could cause the actual results,
performance or achievements that may be expressed or implied by
such forward-looking information to vary from those described
herein should one or more of these risks or uncertainties
materialize. Such factors include but are not limited to: changes
in economic conditions or financial markets; increases in costs;
litigation; legislative and other judicial, regulatory, political
and competitive developments; the economic and business impact of
COVID-19 and operational difficulties. This list is not exhaustive
of the factors that may affect forward-looking information. These
and other factors should be considered carefully, and readers
should not place undue reliance on such forward-looking
information. Should any factor affect the Company in an unexpected
manner, or should assumptions underlying the forward-looking
information prove incorrect, the actual results or events may
differ materially from the results or events predicted. Any such
forward-looking information is expressly qualified in its entirety
by this cautionary statement. Moreover, the Company does not assume
responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release and the Company undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210304005352/en/
Investor Relations: Prit Singh, Thesis Capital
psingh@thesiscapital.ca David Berman, CFO,
david.berman@jacknathanhealth.com
Media: Crystal Quast, Bullseye Corporate
quast@bullseyecorporate.com
Jack Nathan Medical (TSXV:JNH)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Jack Nathan Medical (TSXV:JNH)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025