Justera Health Announces Closing of Non-Brokered Private Placement Pursuant to Listed Issuer Financing Exemption (2024)

Toronto, Ontario--(Newsfile Corp. - October 19, 2023) - Justera Health Ltd.(CSE: VTAL) (OTC Pink: SCRSF)(formerly ScreenPro Security Inc.)("Justera" or the "Company") is pleased to announce that it has closed its non-brokered private placement offering, as described in its press release of September 29, 2023 pursuant to the listed issuer financing exemption under Part 5A of NI 45-105 - Prospectus Exemptions (the "LIFE Offering"), resulting in the issuance of 33,973,336 common shares of the Company at a price of $0.03 Shares for aggregate gross proceeds of $1,019,200. The common shares issued pursuant to the LIFE Offering are not subject to a hold period. The Company paid aggregate cash commissions of $33,672 to finders in connection with the LIFE Offering.

The Company intends to use the net proceeds of the LIFE Offering for the opening the Company's retail establishments, marketing, and promotion of Naturevan products to increase sales and purchase new equipment, and the marketing and promotion of its newly acquired wellness business, and for general working capital.

"We are pleased to announce the closing of the non-brokered private placement. This development will help assist the Company in using net proceeds to support the Company's new ventures and market the Company's spa and retail stores which will bring more value to the Company," said Edward Park, Chief Executive Officer of the Company.

About Justera Health

Founded in 2020, Justera Health Ltd. is a health and wellness management company that provides Canadians with professional health and medical solutions. With a focus on medical services, Justera Health offers personalized health and wellness services such as IV vitamin therapy, personal home care, on-call urgent medical care, nutrition, and health screening services, such as COVID-19 testing. Our team of board-certified physicians and healthcare professionals bring years of expertise to provide knowledgeable and trustworthy solutions to improve patients' overall health outcomes.

For additional information on Justera Health and other corporate information, please visit the Company's website at https://www.justerahealth.com/

For more information about the Company, please refer to the Company's profile on SEDAR+ at www.sedarplus.ca.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Investor Relations & Communications

Priya Monique Atwal, Director of Communications
Tel: (416) 901-5611 x 204
Email: priya@justerahealth.com

Edward Park, Chief Executive Officer
Tel: (416) 901-5611 x 203
Email: epark@justerahealth.com

Forward-Looking Statements:

Certain statements contained in this news release may constitute forward-looking information, including statements relating to the future development of Justera's business. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The actual results of Justera could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Justera operates, prevailing economic conditions, changes to Justera's strategic growth plans, and other factors, many of which are beyond the control of Justera. Management of Justera believes that the expectations reflected in the forward-looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents Justera's expectations as of the date hereof and is subject to change after such date. Justera disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events, or otherwise, except as required by applicable securities legislation.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184467