2020-08-05 18:34 ET - News Release Noted on Stockwatch.com @ 8:15 pm - MDT
Global Care postpones filing acquisition report
2020-08-05 18:34 ET - News Release
Mr. Alex Somjen reports
GLOBAL CARE CAPITAL INC. ANNOUNCES DELAY IN FILING OF BUSINESS ACQUISITION REPORT FOR HIGH STANDARD HEALTH CARE
Global Care Capital Inc. will be relying on the temporary exemption pursuant to British Columbia Instrument 51-517, Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to Aug. 31, 2020, in respect of the filing of a business acquisition report (BAR), which would otherwise be due on Aug. 19, 2020, and is now expected to be filed no later than Oct. 3, 2020. The BAR relates to the company's acquisition of 70 per cent of the issued and outstanding common shares of High Standard Health Care Ltd., which closed on June 5, 2020.
The company confirms that there have been no material developments, other than those disclosed through news releases and Form 7 monthly progress reports filed on the company's profile with the Canadian Securities Exchange, since the filing of its annual financial statements for the three-month period ended March 31, 2020.
Additionally, the company advises that management and other insiders of the company are subject to a trading blackout policy as described, in principle, in Section 9 of National Policy 11-207, Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
About Global Care Capital Inc.
Global Care Capital is a global investment company that specializes in providing early-stage financing to private and public companies. The company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile.
We seek Safe Harbor.