Reliq Health Technologies Inc. Announces Closing of $6,000,000 Unit Financing

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"). 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.

Read more at globenewswire.com