REG-PanGenomic Health Inc: PanGenomic Health Retains Social Media and Data Intelligence Advisory Firm and Announces Shares for Debt Settlement

Pangenomic HealthAnnouncement

09/08/2023 17:45

9 August 2023

 

PanGenomic Health Inc.

(“PanGenomic” or the “Company”)

 

PanGenomic Health Retains Social Media and Data Intelligence Advisory Firm and
Announces Shares for Debt Settlement

 

Vancouver, British Columbia, 9 August 2023 – PanGenomic Health Inc.
("PanGenomic" or the "Company") (CSE: NARA) (AQSE:NARA) is pleased to announce
that Traktor Beam Media Strategies Inc. ("TB") has been retained to provide
social media engagement and audience procurement services (the "Services"). 

 

Under the terms of the agreement, TB will provide the Services at a monthly
cost to the Company of $13,500 USD over an expected three-month period
beginning 1 August 2023. TB is arm's length to the Company and does not own
any securities of the Company.

 

Vancouver-based TB is a social media intelligence firm that offers its clients
audience analytics and communication solutions for brand support and
marketing, utilising proprietary AI based algorithms.

 

The Company also announces that it has entered into debt settlement agreements
with a non-arm's length company controlled by an officer and an arm-length
service provider, pursuant to which the Company has agreed to settle an
aggregate amount of $307,824.80 in outstanding debt in exchange for the
issuance of 6,156,496 common shares in the capital of the Company (the "Common
Shares") at a deemed price of $0.05 per share (the "Debt Settlement"). The
shares will be issued following the receipt of regulatory approval and further
announcement will be made in due course.

 

The Common Shares will be subject to a statutory hold period of four months
from the date of issuance, in accordance with applicable policies of the
Canadian Securities Exchange.

 

About Traktor Beam Media Strategies Inc. 

 

Traktor Beam Media Strategies Inc. (“TB”) is a targeted social media
intelligence company with offices in Vancouver, Toronto, and Montreal. At the
heart of TB’s methodology, lies its proprietary AI algorithms. They empower
TB to curate and engage with audiences that are perfectly tailored to align
client’s brand ethos and strategy with an aim to amplify this alignment,
thereby strengthening the connection between your brand and its audiences. 
Utilising these proprietary AI algorithms, TB aggregates, analyses and
transforms Custom Audience Insights into dynamic social media marketing
strategies and actionable business intelligence that clients can count on. 

 

 

About PanGenomic Health

 

PanGenomic Health is a precision health company that has developed a self-care
digital platform to deliver personalised, evidence-based information about
natural treatments. The Company’s initial focus is to support mental health.
Registered as a British Columbia benefit company, PanGenomic Health's mission
is to promote and improve the health and wellness of people and society by
providing a technology platform that identifies plant-based solutions tailored
to the health profile of each individual.

 

The Directors of PanGenomic take responsibility for this announcement.

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

 

For more information, please contact:

 

Jerry Lai, Investor Relations    Maryam Marissen, President & CEO

PanGenomic Health Inc.    PanGenomic Health Inc.

778 743 4642      778 743 4642

ir@pangenomic.com     info@pangenomic.com

 

Novum Securities Limited, AQSE corporate Advisor

David Coffman / George Duxberry

Tel: +44 (0)207 399 9400

 

Yellow Jersey PR
Charles Goodwin / Shiv Thambirajah / Soraya Jackson
Investor Relations, UK
Tel: +44 (0)20 3004 9512

 

Traktor Beam Media Strategies Inc.

3268 West 26th Avenue

Vancouver, BC VL1 1W1

+1-604 866 3755

nick@traktorbeam.com

 

This news release includes certain statements that may be deemed
“forward-looking statements”, including statements respecting the services
to be provided by PanGenomic and the consideration to be paid to PanGenomic.
The use of any of the words “anticipate”, “continue”, “estimate”,
“expect”, “may”, “will”, “would”, “project”, “should”,
“believe” and similar expressions are intended to identify forward looking
statements. Although PanGenomic believes that the expectations and assumptions
on which the forward-looking statements are based are reasonable, undue
reliance should not be placed on the forward-looking statements because
PanGenomic can give no assurance that they will prove to be correct. In
particular, there is no assurance that the Company will close the proposed
Debt Settlement transaction. Since forward-looking statements address future
events and conditions, by their very nature they involve inherent risks and
uncertainties. These statements speak only as of the date of this News
Release. Actual results could differ materially from those currently
anticipated due to a number of factors and risks including various risk
factors discussed in PanGenomic’s disclosure documents which can be found
under PanGenomic’s profile on www.sedar.com.



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