CloudMD Issues 55,249 Common Shares to Dr. Sohal Goyal
July 09 2021 - 4:00PM
CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF,
Frankfurt: 6PH) (the “
Company” or
“
CloudMD”), a healthcare technology company
revolutionizing the delivery of care, announces that it has issued
$100,000 in common shares of the Company to Dr. Sohal Goyal, Head
of Corporate Development, Ontario, in consideration for services
rendered pursuant to the terms of a contractor services agreement
dated June 17, 2020, as amended on February 5, 2021.
A total of 55,249 common shares of the Company
were issued with a deemed price of $1.81 per common share, which
was calculated by using the volume-weighted average closing share
price of the Company’s common shares for the last 10 trading days
prior to the anniversary date of the contract services
agreement.
See the Company’s news releases dated June 18,
2020 and November 9, 2020, for more information.
About CloudMD Software & Services
CloudMD is digitizing the delivery of healthcare
by providing a patient-centric approach, with an emphasis on
continuity of care. By leveraging healthcare technology, the
Company is building one, connected platform that addresses all
points of a patient’s healthcare journey and provides better access
to care and improved outcomes. Through CloudMD’s proprietary
technology, the Company delivers quality healthcare through a
holistic offering including hybrid primary care clinics, specialist
care, telemedicine, mental health support, educational resources
and artificial intelligence (AI). CloudMD’s Enterprise Health
Solutions Division includes one of the top 4 Employee Assistance
Programs in Canada and offers one comprehensive, digitally
connected platform for corporations, insurers and advisors to
better manage the health and wellness of their employees and
customers.
CloudMD currently services a combined ecosystem
of over 7,000 psychiatrists, approximately 4,500 therapists and
counsellors, approximately 4,000 psychologists, over 22,000 family
physicians, over 34,000 medical specialists, over 1,500 allied
health professionals, over 500 clinics, and over 5 million
individuals across North America. For more information, visit:
https://investors.cloudmd.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
“Dr. Essam Hamza, MD"Chief Executive Officer
FOR ADDITIONAL INFORMATION CONTACT:
Julia Becker VP, Investor
Relationsjulia@cloudmd.ca
The TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of this release.
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