Global Care Capital Inc. entered into a share purchase agreement to acquire MK Highway Corp.
The Transaction is an arms-length transaction and no change in management or the Board of Directors of Global Care is being contemplated at this time. The Share Purchase Agreement contemplates other material conditions precedent to the closing of the Transaction, including, compliance with all applicable regulatory requirements and receipt of all necessary regulatory, corporate, third-party and board approvals being obtained, including the approval of the Canadian Securities Exchange, as applicable. There can be no assurance that the Transaction will be completed as proposed, or at all. Jeff Wust of McMillan LLP acted as legal advisor to Global Care Capital Inc. Nafeesa Valli-Hasham of Clark Wilson LLP acted as legal advisor to MK Highway Corp.