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Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHFM) has appointed Dr. Glenn Copeland as the new CEO, effective immediately. Dr. Copeland, who will also continue as Chief Medical Officer, brings over 45 years of medical and business experience. The company's board selected him after a thorough search, recognizing his vision and relationships in the healthcare sector. Concurrently, Dr. Copeland relinquished his 20% minority interest in Jack Nathan Functional Health and received share purchase options and RSUs tied to performance. JNH operates medical clinics in Walmart locations across Canada and Mexico.
Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHFM) has announced the acquisition of its second medical clinic in British Columbia, expanding its network within Walmart locations across Canada. This acquisition marks the seventh corporate-owned clinic for JNH. The Courtenay clinic joins other facilities to enhance patient access, offering various medical and paramedical services. The acquisition cost includes $97,200 in cash, 92,816 common shares, and potential earnout payments of up to $145,800 and 139,224 shares. This strategic growth aligns with JNH's mission to improve healthcare accessibility.
