NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HAMILTON, Ontario, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) ('Reliq' or the 'Company') is pleased to announce that it has closed its previously announced Unit private placement (the 'Unit Financing').

不适合分发给美国新闻电线服务或在美国安大略省汉密尔顿，2023年10月5日（GLOBE NEWSWIRE）-Reliq Health Technologies Inc.（TSXV:RHT或OTC:RQHTF或WKN:A2AJTB）（'Reliq'或'公司'）很高兴地宣布它已关闭其先前宣布的单位私人安置（“单位融资”）。

The Corporation raised proceeds of $6,000,000 through the sale of 15,000,000 Units. Pursuant to the terms of the Unit Financing, each Unit was offered at a subscription price of $0.40 per Unit. Each Unit consists of one common share and one common share purchase warrant exercisable at $0.52 (the 'Warrant Share Price') for a thirty month period.

通过销售15000000套，该公司筹集了60万美元的收益。根据单位融资条款，每单位以每单位0.40美元的订阅价格提供。每个单位由一股普通股和一股普通股购买权证组成，可行使0.52美元（“认股权证标价”）三十个月。

PI Financial Corp. ('PI') acted as agent for the Company on a 'best efforts' agency basis in connection with the private placement. Upon closing of the Unit Financing, the Company: (i) paid to PI a cash commission equal to 8.0% of the aggregate gross proceeds of the Unit Financing payable in cash; (ii) issued to PI non-transferable options to purchase, at any time prior to the date that is 30 months from the Closing Date, that number of Units equal to 8.0% of the number of Units issued under the Unit Financing, at an exercise price equal to the Warrant Share Price, subject to adjustment in certain events.

PI Financial Corp.（'PI'）在私人配售方面以“尽最大努力”代理为公司代理。单位融资结束后，本公司：（i）向PI支付等于以现金支付的单位融资总收益的8.0%的现金委员会；（ii）发行给PI不可转让期权，以便在截止日期起30个月之前的任何时间，以行使价购买该单位数目等于单位融资下发行单位数目的8.0%等于认股权证股票价格，视某些事件而定。

The net proceeds raised from the issuance of the Units will be used to fund growth initiatives, for general corporate and working capital requirements, or for other corporate purposes. The Unit Financing was completed pursuant to the Listed Issuer Financing Exemption (as defined in National Instrument 45-106 – Prospectus Exemptions), and the securities issued to purchasers in the Unit Financing are not subject to a hold period pursuant to applicable Canadian securities laws, excep.

从发行这些单位产生的净收益将用于资助增长举措，一般公司和营运资本要求或其他公司目的。单位融资是根据列出的发行人融资豁免（根据国家文书45-106–IPO豁免中的定义）完成的，并且根据适用的加拿大证券法，在单位融资中向购买者发放的证券不受持有期的约束，例外。