Mr. Simon Castonguay reports
LUMIERA HEALTH INC. - CORPORATE UPDATE - PROPOSED DEBT SETTLEMENT AGREEMENT
Further to Lumiera Health Inc.'s Nov. 18, 2022, press release, the company has not been able to meet its obligations under the debt settlement agreement.
Consequently, the debt settlement agreement has expired. Furthermore, the company wishes to advise that it has received a notice of default and demand for payment from the security agent on behalf of the holders of senior secured collateralized notes.
Communications between the company and the security agent continue. Further details will be provided when available.
We seek Safe Harbor.
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