Shares for Debt
MISSISSAUGA, ON, Feb. 10 /CNW/ - MedX Health Corp., (TSXV.MDX) is a leading North American developer and manufacturer of low level
laser and light medical devices for non-invasive, drug-free healing
through the use of light in people seeking relief from pain and other
In August, 2010 MedX Health Corp. announced plans to issue 13,447,539
shares to management, directors and several other parties to settle
debts. Of the 13,447,539 shares, 5,668,307 shares were issued with TSX
The balance of 7,779,232 shares were to be issued upon receiving
approval from disinterested shareholders. However, approval was not
sought from disinterested shareholders at MedX Health Corp.'s recent
AGM on January 27, 2011. These shares for debt will not be issued.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press release.
This press release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation. Such
forward-looking information may include statements regarding the
Company's future plans, objectives, performance, growth, profits,
operating expenses or its underlying assumptions. MedX does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
SOURCE MedX Health Corp.
For further information:
President and Chief Executive Officer
MedX Health Corp. email@example.com
Phone: (905) 670-4428