Ethema Health Corporation (OTCPK:GRST) announced that it has entered into securities purchase agreement with Labrys Fund, LP; a fund managed by The EquiLux Group, LP for private placement of a convertible promissory note for gross proceeds of $207,000 on June 2, 2021. The note bears fixed interest of 11% per annum and matures after 12 months from date of issuance. The note is convertible into common shares at a conversion price of $0.004. The note is issued at a discount of 10%. The company has issued securities pursuant to exemption provided under Regulation D and securities act of 1933. The company will issue warrants to purchase 52,272,227 common shares.