CareSpan Health, Inc. announce the non-brokered private placement offering of a minimum of 20,000,000 units and a maximum of 30,000,000 units at a price of CAD 0.10 per unit for the minimum gross proceeds of CAD 2,000,000 and a maximum of CAD 3,000,0000 on November 7, 2023. Each Unit will consist of one common share and one half of one share purchase warrant whereby a warrant is exercisable for one share at an exercise price of CAD 0.15 per warrant share for a period of five years from the closing date of the offering. The closing of the offering is expected to occur on or prior to January 2024.

The transaction is subject to receipt of all applicable regulatory approvals, including the approval of the TSXV.