HealthSpace Data Systems Completes $2.86 Million Private Placement

May 01, 2020

HealthSpace Data Systems Ltd. (CSE:HS), a software as a service (SaaS) company focused on the development and sale of information and communication management systems for health inspection departments of state and local government agencies, has completed an oversubscribed private placement of 44,000,000 units for aggregate gross proceeds of $2,860,000. The private placement was led by Echelon Wealth Partners Inc. as sole agent and bookrunner.

Wildeboer Dellelce LLP acted for Echelon in connection with the private placement with a team that consisted of Michael Rennie, Carlye Bellavia and Natalie Tershakowec (corporate/securities).