New Issue: MedX Health closes C$1.15 million private placement of units

By Sheri Kasprzak

Atlanta, April 15 - MedX Health Corp. said it has wrapped a private placement for C$1,152,500.

The company sold 1,536,667 units at C$0.75 each.

The units include one share and one half-share warrant. The full warrants provide for an additional share at C$1.00 each for 18 months.

Based in Mississauga, Ont., MedX develops, manufactures and distributes phototherapy devices. The proceeds will be used for working capital.

Issuer:	MedX Health Corp.
Issue:	Units of one share and one half-share warrant
Amount:	C$1,152,500
Units:	1,536,667
Price:	C$0.75
Warrants:	One half-share warrant per unit
Warrant expiration:	18 months
Warrant strike price:	C$1.00
Settlement date:	April 14

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