Vancouver, British Columbia (FSCwire) - EVITRADE Health Systems Corp.
(CSE:EVA, OTCQB: AXHLF) (the “Company” or “EVITRADE”) is pleased to announce that it has closed the financing at $2,250,000 by
way of a non-brokered private placement for 15,000,000 Units (“Units”) of the Company at a price of CAD $0.15 per Unit (the
“Offering”). Each Unit is one Common Share in the capital of the Company and one Whole Common Share Purchase Warrant. Each
Warrant is exercisable into one Common Share at a price of CAD $0.25 per Common Share for sixty (60) months from the closing date
of the Offering.
In connection with the Offering, the Company will pay cash finder's fees of up to seven percent (7%) of the
principal amount of funds raised by the two brokerage houses who participated in the Offering. Insiders also participated
in the financing.
Net Proceeds from the Offering are intended to be used as working capital, and for general corporate purposes. The
Securities to be issued in connection with this Offering will be subject to a four month and one day hold period from the share
issuance date in accordance with the policies of the Canadian Securities Exchange (CSE) and applicable securities laws. The
Offering is subject to all necessary regulatory and stock exchange approvals.
Contact:
Ron Ozols, Director
EVITRADE Health Systems Corporation
(formerly Auxellence Health Corporation)
Email: ceo@auxellence.com or info@auxellence.com
Website: http://www.auxellence.com
CSE Micro-site: http://thecse.com/en/listings/technology/auxellence-health-corporation
About EVITRADE Health Systems Corporation (CSE: EVA, OTCQB: AXHLF)
EVITRADE (formerly Auxellence Health Corp.), was founded in 2013 to provide online services for resolving common
health problems.
Disclaimers – Forward Looking Statements
This news release may contain forward-looking statements based on assumptions and judgments of management regarding
future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or
results to differ materially from those reflected in the forward looking statements. The company disclaims any intention or
obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company and its
business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis and other disclosure filings
with Canadian securities regulators which is posted on www.sedar.com, and on http://thecse.com/en/listings/technology/auxellence-health-corporation.
This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities
described herein and accordingly undue reliance should not be put on such. Neither the Canadian Securities Exchange (CSE or CNSX
Markets), nor its Regulation Services Provider (as that term is defined in policies of the CSE) accepts responsibility for the
adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
described herein in the United States. The securities described herein have not been registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the
“United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the
U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/evitrade12222017.pdf
Source: EVITRADE Health Systems Corp. (CSE:EVA, OTCQB:AXHLF)
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