VANCOUVER, Jan. 9, 2020 /CNW/ - WELL Health Technologies
Corp. (the "Company" or "WELL") (TSX.V:
WELL), a company focused on consolidating and modernizing clinical
and digital assets within the primary healthcare sector, is pleased
to announce it has received final approval from the Toronto Stock
Exchange (the "TSX") to list its common shares on the TSX
and delist from the TSX Venture Exchange (the "TSX-V").
WELL's common shares will commence trading on the TSX at the market
open on Friday, January 10, 2020.
WELL's common shares will trade on the TSX under the stock
symbol "WELL", and the Company's common shares will be
delisted from the TSX-V at the commencement of trading on the
TSX.
WELL will commemorate its listing on the TSX by ringing the
opening bell of the TSX on Friday, January
10, 2020. WELL Founder and CEO, Hamed Shahbazi will be joined in ringing the
opening bell by other members of WELL's senior management, certain
members of WELL's Board of Directors and other professional
colleagues who have been supportive of WELL's journey to date.
"It's truly an honour to be ringing the opening bell at the
TSX," said Mr. Shahbazi, Chairman and CEO of WELL. "Migrating
to the TSX is a significant milestone in the Company's history and
recognition of WELL's rapid accent to becoming a leading provider
of primary healthcare services and Electronic Medical Records (EMR)
software in Canada. We
believe that there are many benefits to WELL's stakeholders as a
result of this graduation."
WELL HEALTH TECHNOLOGIES CORP.
Per: "Hamed Shahbazi"
Hamed Shahbazi
Chief Executive Officer, Chairman and Director
About WELL
WELL is a unique company that operates Primary Healthcare
Facilities as well as a significant EMR or Electronic Medical
Records business that supports the digitization of such
clinics. WELL owns and operates 20 medical clinics, is a
majority owner of SleepWorks Medical and provides digital
Electronic Medical Records (EMR) software and services to 946
medical clinics across Canada. WELL's overarching objective
is to empower doctors to provide the best and most advanced care
possible while leveraging the latest trends in digital
health. WELL is publicly traded on the TSX Venture Exchange
under the symbol "WELL.v" until Jan
9th with a symbol change to "WELL.T" as of
Jan 10th when it formally
lists on the Toronto Stock Exchange. WELL was recognized as a
TSX Venture 50 Company in 2018 and 2019.
Forward-Looking Statements
This news release may contain "forward-looking statements"
within the meaning of applicable Canadian securities laws,
including, without limitation: statements relating to the
up-listing to the TSX; the benefits of such listing.
Forward-looking statements are necessarily based upon a
number of estimates and assumptions that, while considered
reasonable by management, are inherently subject to significant
business, economic and competitive uncertainties, and
contingencies. These statements generally can be identified by the
use of forward-looking words such as "may", "should", "will",
"could", "intend", "estimate", "plan", "anticipate", "expect",
"believe" or "continue", or the negative thereof or similar
variations. Forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause future
results, performance or achievements to be materially different
from the estimated future results, performance or achievements
expressed or implied by those forward-looking statements and the
forward-looking statements are not guarantees of future
performance. WELL's statements expressed or implied by these
forward-looking statements are subject to a number of risks,
uncertainties, and conditions, many of which are outside of WELL 's
control, and undue reliance should not be placed on such
statements. Forward-looking statements are qualified in their
entirety by the inherent risks and uncertainties including: adverse
market conditions; risks inherent in the primary healthcare sector
in general; inability to satisfy listing conditions; and the risk
factors noted in the Company's MD&A and other public disclosure
documents filed on SEDAR. Except as required by securities law,
WELL does not assume any obligation to update or revise any
forward-looking statements, whether as a result of new information,
events or otherwise.
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.
SOURCE WELL Health Technologies Corp.
