NeuPath Health Inc. Retains Market Making Service
Toronto, Ontario--(Newsfile Corp. - July 16, 2020) - NeuPath Health Inc. (TSXV: NPTH) ("NeuPath" or the "Company") today announced that it has retained Haywood Securities Inc. ("Haywood") for its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the Company.
The market-making service will be undertaken by Haywood in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the Company has agreed to pay Haywood $5,000 per month for a period of 6 months. The agreement may be terminated at any time by the Company or Haywood provided that the terminating party provides 30 days' prior written notice of such intention to terminate.
The Company and Haywood act at arm's length, and Haywood has no present interest, directly or indirectly, in the Company or its securities except that its clients and members of its pro group may own shares of the Company from time to time. The finances and the shares required for the market-making service are provided by Haywood, an arm's length party to the Company. The fee paid by the Company to Haywood is for services only.
About Haywood Securities
Founded in 1981, Haywood is a 100% employee-owned investment dealer with more than 300 employees in its Canadian offices in Vancouver, Calgary and Toronto. Haywood Securities Inc. is a member of the Toronto Stock Exchange, the TSX Venture Exchange, the Montreal Exchange (MEX), the Canadian Securities Exchange (CSE), the Canadian Investor Protection Fund (CIPF), and the Investment Industry Regulatory Organization of Canada (IIROC). In addition, Haywood Securities (USA) Inc., a wholly owned subsidiary, is a broker-dealer registered to transact securities business in the United States and is a
member of the Financial Industry Regulatory Authority (FINRA). For more information please visit: www.haywood.com.
About NeuPath Health Inc.
NeuPath is Canada's largest provider of chronic pain management services that operates under two leading brands in Ontario: CPM - Centres for Pain Management and InMedic Creative Medicine. NeuPath has 12 locations across Ontario with more than 100 healthcare providers that provide care to over 11,000 patients annually. NeuPath offers a comprehensive chronic pain assessment and multi-modal treatment plan based on recommendations by a group of trained physicians to help patients manage their chronic pain and optimize their quality of life.
For additional information, please contact:
NeuPath Health Inc.
Chief Financial Officer and Corporate Secretary
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS THE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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