TORONTO, ONTARIO – CardioComm Solutions, Inc. (TSX VENTURE: EKG) (“CardioComm” or the “Company”), a global medical provider of consumer heart monitoring and medical electrocardiogram (“ECG”) software solutions, announced that it will makes its first issuance of shares under its online marketing and awareness program with AGORA Internet Relations Corp. (“AGORACOM”). The Company initially announced the online marketing and awareness program in its press release dated November 8, 2018.
Under this first share issuance, the Company will issue 226,000 common shares of the Company (“Shares”), representing a price of $0.05 per share, for services valued at $10,000 plus 13% HST that have been provided by AGORACOM to date.
The Company also confirmed that it will be issuing an aggregate of a further $40,000 worth of Shares, plus HST, for further services provided. These additional Shares will be issued in $10,000 allotments at the completion of each three month period ending March 10, 2019, June 10, 2019, September 10, 2019 and December 31, 2019. The number of Shares to be issued at the end of each period will be determined by using the closing price of the Shares on the TSX Venture Exchange on the first trading day following each period for which the services were provided by AGORACOM.
To learn more about CardioComm’s products and for further updates regarding HeartCheck™ ECG device integrations please visit the Company’s websites at www.cardiocommsolutions.com and www.theheartcheck.com.