
CardioComm Secures TSXV Approval for $512K Loan Facility
âĒBy ADMIN
Related Stocks:EKG
Toronto, Ontario â CardioComm Solutions, Inc. (TSXV: EKG) has received approval from the TSX Venture Exchange for a previously announced loan agreement dated NovemberâŊ3,âŊ2025, providing aggregate funding of CA$512,000. The financing will support completion and commercialization of the companyâs upcoming âFlagship Productââits GEMS FLEX and 14âday Holter/LongâTerm Continuous Monitoring ECG software platformâpoised to be a major revenue driver.
As part of the agreement, CardioComm issued 345,600 bonus common shares and 6,912,000 warrants to lenders, including insiders, with each warrant exercisable at CA$0.05 until NovemberâŊ3,âŊ2030. The transaction is classified as a ârelatedâparty transactionâ under Multilateral InstrumentâŊ61â101, but qualifies for certain exemptions.
With the funding secured and TSXV approval in place, CardioComm is advancing toward its target of launching a commercially ready remote ECG analysis solution for healthcare professionals and patients alike.
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