Nova Leap Health Corp. to Force Conversion of 8% Convertible Debentures due January 16, 2025

HALIFAX, Nova Scotia, June 30, 2021 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a home health care organization ranked #2 on the 2020 Report on Business ranking of Canada’s Top Growing Companies, is pleased to announce that it has provided notice to holders of the Company’s 8.0% unsecured subordinated convertible debentures due January 16, 2025 with a principal amount of CAD$215,000 (the “Debentures”) that Nova Leap will be exercising its option to convert the entire principal amount of Debentures outstanding into common shares of the Company (“Common Shares”) at a conversion price of CAD$0.52 (the “Forced Conversion”).   Earlier in June, CAD$541,000 of the debentures due January 16, 2025 were voluntarily converted at a conversion price of CAD$0.52.      Read More