KELOWNA, BC, Aug. 27, 2015 /CNW/ - (TSX-V: QHR) QHR Corporation ("QHR" or the "Company"), a leader in the Canadian healthcare information technology sector, is pleased to announce that it has granted an aggregate of 675,000 incentive stock options to a total of seven senior employees and six directors. Of this total, an aggregate of 150,000 stock options were divided among the Company's three incumbent directors, 400,000 stock options were divided among the Company's three newly-elected directors and the balance of 125,000 stock options were divided among seven senior employees. Subject to vesting, each stock option entitles the holder to purchase one common share of the Company for an exercise price of $1.19 at any time until August 26, 2020. The stock options generally vest over a two year period in equal quarterly installments and are subject to the terms of the Company's stock option plan and its standard form of stock option agreement, in addition to the applicable policies of the TSX Venture Exchange.
On behalf of the Board of Directors
Mike Checkley, President & CEO
About QHR Corporation
QHR is a leader in healthcare technology, empowering providers and connecting patients. With an 11-year track record offering what is now the leading Electronic Medical Records platform in Canada, QHR has a suite of complementary offerings that empower health professionals and drive the Company's growth. QHR's technologies and services enable secure medical records management for clinical environments, empower health providers with tools for virtual care including secure video and messaging, and tools for clinic management including scheduling, billing, and patient management. Health providers choose QHR to drive efficiencies within their practice and improve the quality of care delivered to patients.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE QHR Corporation
For further information: Mike Checkley, President & CEO, 250.979.1709, mike.checkley@QHRtech.com; Jerry Diener, CFO & VP Finance, 250.979.1722, jerry.diener@QHRtech.com