OPMEDIC GROUP Inc. announces the acquisition of the operations of Heartland Fertility and Gynecology Clinic in Winnipeg
Not for distribution to United States newswire services or for dissemination in the United States.
MONTREAL, Sept. 3, 2013 /CNW Telbec/ - OPMEDIC GROUP Inc. ("OPMEDIC GROUP") (TSX: OMG) is pleased to announce that it has completed, through a newly formed corporation in which OPMEDIC GROUP owns a majority interest, the acquisition effective August 31, 2013 of the operational assets of Heartland Medical Corporation and Heartland Fertility and Gynecology Clinic (collectively, "Heartland") (the "Acquisition").
Heartland operates in the city of Winnipeg the sole private fertility clinic in the Province of Manitoba under the name "Heartland Fertility and Gynecology Clinic".
The Acquisition will allow OPMEDIC GROUP to expand its presence outside of Quebec and Ontario by offering a wide range of fertility services to the residents of Manitoba.
"With the Acquisition of Heartland, a well-established fertility clinic in the city of Winnipeg, OPMEDIC GROUP continues to implement its strategic plan to expand its fertility services activities outside Quebec. We are looking forward to work with a dynamic team of doctors in Winnipeg and will continue to pursue growth opportunities outside of Quebec", said Dr. Pierre St-Michel, president and CEO of OPMEDIC GROUP.
About OPMEDIC GROUP
OPMEDIC GROUP is a company incorporated under the laws of the Province of Quebec which provides healthcare-related services including surgical and endoscopic facilities and services to patients and surgeons (with its OPMEDIC division), fertility treatments, medical imaging, laboratory services and diagnostic procedures (with its PROCREA Cliniques division and a joint venture 7667264 Canada Inc.) and sperm banking services (with its PROCREA Cryopreservation Centre subsidiary). OPMEDIC GROUP's Common Shares trade on the Toronto Stock Exchange under the symbol "OMG".
This news release does not constitute an offer to sell or to solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful. This news release contains certain forward-looking statements that reflect the current views and/or expectations of OPMEDIC GROUP with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.
The Content of this press release has not been approved by nor submitted to the TSX which assumes no liability therefore.
SOURCE OPMEDIC GROUP INC.For further information:
COO & Vice President Business Development
(514) 345-8535, x 2254
Vice President Finance and Chief Financial Officer
(514) 345-8535, x 2260