New Issue: MedX Health orchestrates C$2.5 million private placement of units

By Devika Patel

Knoxville, Tenn., July 14 - MedX Health Corp. announced it will conduct a non-brokered private placement of units for C$2.5 million.

The company will sell 2,500 units at C$1,000 apiece. Each unit will consist of one limited partnership unit and 1,000 warrants, with each warrant exercisable at C$0.25 for three years.

Proceeds will be used to fund the manufacture and sale of light-related products.

Based in Mississauga, Ont., MedX Health develops phototherapy medical devices.

Issuer:	MedX Health Corp.
Issue:	Units of one limited partnership unit and 1,000 warrants
Amount:	C$2.5 million
Units:	2,500
Price:	C$1,000
Warrants:	1,000 warrants per unit
Warrant expiration:	Three years
Warrant strike price:	C$0.25
Agent:	Non-brokered
Pricing date:	July 14
Stock symbol:	TSX Venture: MDX
Stock price:	C$0.08 at close July 13
Market capitalization:	C$2.17 million

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