09:28:57 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Global Care Capital Inc
Symbol HLTH
Shares Issued 393,896,196
Close 2022-10-20 C$ 0.005
Market Cap C$ 1,969,481
Recent Sedar Documents

Global Care amends investor agreement with Mirabel

2022-10-20 13:38 ET - News Release

Mr. Hugh Maddin reports

GLOBAL CARE CAPITAL ANNOUNCES AMENDMENT TO INVESTOR AGREEMENT

Global Care Capital Inc. has entered into an amendment agreement dated Oct. 19, 2022, amending certain terms of the convertible securities purchase agreement dated Feb. 25, 2022, with Mirabel Capital Ltd., the details of which are described in the company's press release of Feb. 25, 2022. Pursuant to the amending agreement, the company has provided the investor certain rights to settle any outstanding amounts owing by the company and due to the investor under the agreement with shares held by the company in Virax Biolabs Group Ltd. In exchange, the investor has agreed to not exercise its conversion rights pursuant to the agreement through to Jan. 21, 2022, and that the second closing described in the company's press release of Feb. 25, 2022, may only proceed with the mutual consent of the parties.

All other terms and conditions contained in the agreement remain in full force and effect.

Global Care is pleased to have Mirabel's continued support during a challenging time in the global markets. Mirabel's investment has served as an essential bridge in Global Care's cash flow requirements, and Global Care is grateful to have a supportive and responsible corporate citizen in Mirabel as an investor.

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.

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