Premier Health Secures Debt Financing for its Previously Announced Acquisition

MONTREAL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is announcing a $50 million secured credit package (the “Secured Financing”) aimed at closing the acquisition of Solution Staffing Inc. (the “Transaction”), which was announced on July 4^th, 2023, including a refinancing of its current revolving facility and new term loans to finance the Transaction. The new structure is composed of five facilities, all of which are to be disbursed at closing of the Transaction pending TSX Venture Exchange acceptance under Policy 5.3 Expedited Acquisition Procedure as follows:

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