Relevium’s BGX E-Health Begins Delivery of US$16.9M of Its Initial PPE Contract via Air Freight Charters
September 29 2020 - 7:14AM
Relevium Technologies Inc. (TSX.V: “RLV”, OTC: “RLLVF” and
Frankfurt: “6BX”) (the “Company” or “Relevium”) is pleased to
announce that its wholly-owned subsidiary in the US, BGX E-Health
LLC ( “BGX”), has secured up to eight chartered flights to deliver
USD$16.9 Million of critical PPE to the Canadian Health Care
Market, which are expected to arrive over the next 7-10 days in
Canada.
On September 17, 2020, the Company announced it
had secured an initial contract totalling USD$20 million of
critical PPE aimed for the Canadian healthcare market. The Company
is now focused on the delivery of this initial contract, as we all,
on pursuing new opportunities in the space.
INITIAL DELIVERIES ARRIVING BY AIR AS
THE PRONVICES OF QUEBEC AND
ONTARIO RECORD LARGEST SPIKES IN COVID-19 SINCE MAY
2020
As Quebec tightens COVID-19 restrictions and the
city of Montreal is put under red alert, BGX E-Health has begun the
delivery of critical PPE via air freight charters into Canada.
In conjunction with its Customers and Suppliers,
the Company has organized over 8 large airfreight charters
delivering critical PPE supplies such a medical examination
supplies into Canadian airports including Montreal, which are all
expected to arrive over the next 7 – 10 days. This initial delivery
represents approximately 75% of the initial previously announced
contract.
BGX E-Health, the Company’s US wellness
subsidiary, has pivoted into the Emergency Segment
of Health and Wellness market by launching its own line of hand
sanitizers and developing air purifiers solutions. In the early
summer months of this year, the Company identified an opportunity
to make a difference in the supply of critical PPE and on July 13,
2020 the company announced a joint venture between Relevium and
H-Source to join forces to bring critical PPE to the areas in need
in a secure and traceable platform.
Aurelio Useche, CEO of Relevium stated “Our team
has been on site in the US sourcing both, local and overseas
supplies of critical PPE and we are pleased to announce the
scheduling of several airfreight charts to deliver the urgently
products on a timely basis. We now set our sights on further
development of this space as we expand our customer base in
conjunction with our partners”
About Relevium
Technologies
Relevium is a publicly traded Company that
operates in the health and wellness industry with a primary focus
on online distribution. The principal business of the Company is
the identification, evaluation, acquisition and operation of brands
and businesses in the health and wellness markets. The Company
recently entered the PPE business as part of its strategy through
acquisitions and partnerships in a holistic approach to encompass a
wide range of health and wellness consumer products. Relevium
operates through two wholly owned subsidiaries:
BGX E-Health LLC (BGX), based
in Orlando, Florida, markets dietary supplements, nutraceuticals,
sports nutrition, and cosmeceuticals primarily through its
Bioganix® brand portfolio in the US and Europe. Relevium’s premium
brands are sold at some of the world’s largest retailers including
Walmart.com and Amazon.com.
Biocannabix Health Corporation (BCX), based in
Montreal, Quebec, is a biopharma nutraceutical Company focused on
delivering pediatric endo-medicinal nutraceuticals for cannabinoid
therapy.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Note Regarding
Forward-Looking StatementsThis release includes certain
statements and information that may constitute forward-looking
information within the meaning of applicable Canadian and United
States securities laws. All statements in this news release, other
than statements of historical facts, including statements regarding
future estimates, plans, objectives, assumptions, or expectations
of future performance, are forward-looking statements and contain
forward-looking information. Generally, forward- looking statements
and information can be identified by the use of forward-looking
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or results "may", "could", "should", or "would" occur.
Forward-looking statements are based on certain material
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estimates of management as of the date of this press release. These
forward-looking statements are subject to known and unknown risks,
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Although management of the Company has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
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intended. There can be no assurance that such statements will prove
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applicable safe harbor.
On Behalf of the Board of Directors
RELEVIUM TECHNOLOGIES
INC.
Aurelio UsechePresident and CEO
For more information about this press release:
Tel: +1.888.528.8687RELEVIUM TECHNOLOGIES
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