Deal Snapshot
Mednow Closes Acquisition of Pharmacy in British Columbia
Wednesday 27 October 2021

Canada-based on-demand virtual pharmacy Mednow Inc (TSX Venture: MNOW) (OTCQB: MDNWF) has closed the acquisition, previously announced on September 22, 2021, of all of the issued and outstanding shares of Mednow Pharmacy Inc, the company said.

Mednow closed the deal for an aggregate cash payment of approximately CDN 74,000 and the company's agreement to convert approximately CDN 908,000 owed by Mednow West to the company pursuant to a pharmacy agreement dated September 24, 2020, as amended October 30, 2020 into a non-interest bearing on-demand convertible promissory note.

Date Published: 27/10/2021