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TORONTO, ONTARIO – CardioComm Solutions, Inc. (TSX VENTURE: EKG) (“CardioComm” or the “Company”), a leading global medical provider of consumer heart monitoring and electrocardiogram (“ECG”) acquisition and management software solutions, is confirming the appointment of a new Chief Financial Officer and completion of a debt to equity settlement.
On December 29, 2020 the Company announced that two of its four lenders had exercised their right to convert loans that had been recently renewed under a two year term, to equity. With the approval of the TSX-v, CardioComm confirms the issuance of an aggregate of 5,000,000 common shares of the Company (each, a “Share”) to settle $250,000 worth of debt. The Shares are subject to a four month hold period that expires May 9, 2021, in accordance with applicable securities laws.
CardioComm Solutions, Inc. also confirms the appointment of Ms. Josée Bertrand as the Company’s Chief Financial Officer. Ms. Bertrand is an accomplished, results-driven senior accounting and financial management executive. She brings more than 30 years of progressive experience in finance and operations management in relevant industry sectors. Ms. Bertrand received her Bachelor of Business Administration and Commercial Studies from the University of Western Ontario and holds a CPA designation.
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.
