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LevelJump Announces Acquisition of Pre-1954 Pharmacy Charter

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LevelJump Healthcare Corp. (TSXV: JUMP) announced the acquisition of a pre-1954 pharmacy charter for $1,900,000, enhancing its telehealth solutions. The purchase includes $1,800,000 in cash and 100,000 shares of JUMP preferred shares. The CEO, Mitch Geisler, anticipates integrating pharmacy services into the teleHospital portal to provide a comprehensive healthcare package to patients and boost revenues.

LevelJump Healthcare Corp. (TSXV: JUMP) ha annunciato l'acquisizione di una licenza farmaceutica antecedente al 1954 per 1.900.000 dollari, potenziando le sue soluzioni di telemedicina. L'acquisto comprende 1.800.000 dollari in contanti e 100.000 azioni preferenziali di JUMP. Il CEO, Mitch Geisler, prevede di integrare i servizi farmaceutici nel portale teleHospital per offrire un pacchetto sanitario completo ai pazienti e aumentare i ricavi.
LevelJump Healthcare Corp. (TSXV: JUMP) anunció la adquisición de una carta farmacéutica previa a 1954 por $1,900,000, mejorando sus soluciones de telesalud. La compra incluye $1,800,000 en efectivo y 100,000 acciones preferentes de JUMP. El CEO, Mitch Geisler, anticipa la integración de servicios farmacéuticos en el portal teleHospital para ofrecer un paquete de atención médica integral a los pacientes e incrementar los ingresos.
LevelJump Healthcare Corp. (TSXV: JUMP)은 1,900,000달러에 1954년 이전 약국 허가를 인수하면서 텔레헬스 솔루션을 강화했다고 발표했습니다. 구매에는 현금 1,800,000달러 및 JUMP 우선주 100,000주가 포함됩니다. CEO Mitch Geisler는 텔레병원 포털에 약국 서비스를 통합하여 환자들에게 종합적인 헬스케어 패키지를 제공하고 수익을 증대할 것으로 예상합니다.
LevelJump Healthcare Corp. (TSXV: JUMP) a annoncé l'acquisition d'une charte de pharmacie datant d'avant 1954 pour 1 900 000 dollars, améliorant ses solutions de télésanté. L'achat comprend 1 800 000 dollars en espèces et 100 000 actions préférentielles de JUMP. Le PDG, Mitch Geisler, prévoit d'intégrer les services de pharmacie dans le portail teleHospital pour offrir un pack de soins de santé complet aux patients et augmenter les revenus.
LevelJump Healthcare Corp. (TSXV: JUMP) gab die Übernahme einer Apothekenlizenz vor 1954 für 1.900.000 Dollar bekannt, wodurch seine Telehealth-Lösungen verbessert werden. Die Kauf beinhaltet 1.800.000 Dollar in bar und 100.000 Vorzugsaktien von JUMP. Der CEO, Mitch Geisler, plant, Apothekendienste in das teleHospital-Portal zu integrieren, um den Patienten ein umfassendes Gesundheitspaket zu bieten und die Einnahmen zu steigern.
Positive
  • Acquisition of a pre-1954 pharmacy charter for $1,900,000
  • Includes $1,800,000 in cash and 100,000 shares of JUMP preferred shares
  • Integration of pharmacy services into the teleHospital portal planned
  • Expected launch of beta version of teleHospital portal in the third quarter of 2024
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - April 26, 2024) - LevelJump Healthcare Corp. (TSXV: JUMP) (OTC Pink: JMPHF) (FSE: 75J) ("LevelJump" or the "Company"), a Canadian leader in B2B telehealth solutions, is pleased to announce that it has entered an agreement to acquire a pre-1954 pharmacy charter corporation ("Pharmacy License").

The Company has agreed to purchase the Pharmacy License for $1,900,000, to be paid as $1,800,000 in cash and 100,000 shares of JUMP preferred shares. To date a deposit of $50,000 has been paid. Closing is targeted for the second quarter and is subject to funding and any necessary regulatory consents.

"We are very excited to acquire this license and be able to begin integrating pharmacy services into our teleHopsital portal." Mitch Geisler, CEO. "By integrating these services with our planned primary care services through teleHospital, and coupled with our diagnostic imaging services, we expect to be able to deliver a full health care package to all of our portal patients and increase the revenues and profitability of our new portal."

JUMP is expecting to be able to launch the beta version of teleHospital portal in the third quarter of 2024.

About LevelJump Healthcare
LevelJump Healthcare Corp., (TSXV: JUMP) provides telehealth solutions to client hospitals and imaging centers through its Teleradiology division, as well as in person radiology services through its Diagnostic Centers. JUMP focuses primarily on critical care for urgent and emergency patients, establishing integral relationships in the communities we serve.

ON BEHALF OF THE BOARD OF DIRECTORS OF
LEVELJUMP HEALTHCARE CORP.

Mitchell Geisler
Chief Executive Officer

Caitlin-Robyn Densmore
Business Development Manager
Caitlin.Densmore@leveljumphealthcare.com
(437) 214-1568

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Company, Canadian Teleradiology Services, Inc., their securities, or their respective financial or operating results (as applicable).

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

The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/207053

FAQ

What did LevelJump Healthcare Corp. acquire recently?

LevelJump Healthcare Corp. acquired a pre-1954 pharmacy charter

How much did LevelJump Healthcare Corp. pay for the acquisition?

LevelJump Healthcare Corp. paid $1,900,000 for the acquisition, including $1,800,000 in cash and 100,000 shares of JUMP preferred shares.

When is the closing of the acquisition expected to take place?

The closing of the acquisition is targeted for the second quarter of the year.

Who is the CEO of LevelJump Healthcare Corp.?

Mitch Geisler is the CEO of LevelJump Healthcare Corp.

When is the beta version of teleHospital portal expected to be launched?

The beta version of teleHospital portal is expected to be launched in the third quarter of 2024.

LEVELJUMP HEALTHCARE CP

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