EGF Theramed Comments on Trading Halt and Confirms Share Consolidation and Trading on a Post Consolidated Basis

VANCOUVER, BC / ACCESSWIRE / October 24, 2019 / EGF THERAMED HEALTH CORP. (CSE: TMED, OTCQB: EVAHF or EVAHD (for a temporary basis)) (the “Company“)

Further to the trading halt issued by Investment Industry Regulatory Organization of Canada (IIROC) earlier this morning, the company asks all shareholders to confirm their holdings with their financial advisors prior to executing any trades as the company has as of today undergone a share consolidation of its issued and outstanding common shares on a one hundred (100) old to one (1) new basis. No fractional common shares will be issued pursuant to the Consolidation. All Fractional interests of less than a whole share will be rounded down to the nearest whole number of shares. For example if a shareholder was holding 100,000 (one hundred thousand) shares in their account on October 23rd, 2019 their account would reflect 1,000 (one thousand) shares on October 24th, 2019 (today).

The shares are to be trading on a “post-consolidated basis” under the same symbol “TMED” on the Canadian Securities Exchange (“CSE”) effective October 24th, 2019. The company also confirms that it has received a new ISIN and CUSIP for its “post-consolidated” symbol and new operating name of EGF Theramed Health Corp. The new ISIN is CA2684691033 and the new CUSIP is 268469103.

The Company continues to develop products, technologies, and diagnostic tools focused on personalized medical care including research with hemp derived CBD. The products will serve with the overall goal of improving health and elevating the human condition.

THERAMED HEALTH CORPORATION

Contact: C.K. Cheung, CEO
Email theramedhealthcorp@gmail.com
Telephone: (778) 559-3939
Website http://www.theramedhealthcorp.com
CSE Micro-site: http://thecse.com/en/listings/technology/Theramed-Health-Corporation
US OTC Markets (OTCQB): http://www.otcmarkets.com/stock/EVAHF/news

About THERAMED HEALTH
(CSE: TMED, OTCQB: EVAHF)

Theramed Health Corporation – is a technology company focused in the healthcare and life sciences sector to develop a personalized healthcare system. The company has recently been focused on utilizing CBD derived from Hemp as a core component. The company through its subsidiaries has assets and technologies involved in extracting and purifying CBD extracts, creating formulations through its key scientists, and with its medical device technology monitoring capabilities. Theramed’s unique combination of technologies may allow it to be the first to be able to offer a complete quality assured vertically integrated “CBD Health System” for monitoring, dosing, and recording the effects of CBD on your cardiovascular system.

Disclaimers

This news release contains 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 and on the OTC Markets website which is posted on www.sedar.com, http://thecse.com/en/listings/technology/Theramed-Health-Corporation, and http://www.otcmarkets.com/stock/EVAHF/filings. 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), or any other regulatory authority accepts responsibility for the adequacy or accuracy of this release. The Company does not undertake to update this news release unless required by applicable law.

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.

SOURCE: EGF Theramed Health Corp.

View source version on accesswire.com:
https://www.accesswire.com/564092/EGF-Theramed-Comments-on-Trading-Halt-and-Confirms-Share-Consolidation-and-Trading-on-a-Post-Consolidated-Basis

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