HALIFAX, Nova Scotia, June 01, 2018 (GLOBE NEWSWIRE) -- N.W. Fulcher Limited (“Fulcher”) announces that it has acquired ownership of 3,333,333 common shares of Nova Leap Health Corp. (TSXV:NLH) (“Nova Leap”), with its head office at 104-37 Wentworth Street, Dartmouth, Nova Scotia, B2Y 2S9, for an aggregate purchase price of $999,999.90 ($0.30 per share). Fulcher is owned and controlled by Wayne Fulcher.
The common shares were purchased by way of a private placement and were acquired for investment purposes. Fulcher may, from time to time, increase or decrease its holdings of common shares of Nova Leap, depending on market and other conditions.
Fulcher’s acquisition of 3,333,333 common shares represents approximately 6.22% of the common shares of Nova Leap issued and outstanding.
Immediately before the acquisition, Fulcher and its joint actors owned 5,925,000 common shares of Nova Leap. The aggregate number of common shares of Nova Leap held by Fulcher and its joint actors before the acquisition represented approximately 13.87% of all issued and outstanding common shares of Nova Leap.
Following the acquisition, Fulcher and its joint actors now own 9,258,333 common shares of Nova Leap, which represents approximately 17.28% of all issued and outstanding common shares of Nova Leap.
Further details on the information above concerning Fulcher may be obtained from the Early Warning Report filed on SEDAR or by contacting Christopher Dobbin, President & CEO of Nova Leap Health Corp. at 902.401.9480.