Early Warning Press Release

Share on Linkedin

TheNewswire / October 7, 2016 – On September 29, 2016, HealthSpace Data Systems Ltd. (the “Issuer“) completed a private placement of units and convertible debentures (the “Transaction”). Upon completion of the Transaction, Ali Hakimzadeh (the “Hakimzadeh“) now holds, or has control over, 5,853,011 common shares, 731,500 warrants, 300,000 stock options and convertible debenture in the principal amount of $50,000 (convertible into 666,667 common shares) and his shareholding percentage has been decreased to 9.0% of the outstanding shares of the Issuer assuming exercise or the warrants and stock options and conversion of the convertible debenture.

The common shares of the Issuer are listed on the Canadian Securities Exchange and trade under the trading symbol “HS”. The Transaction was carried out in the market. Hakimzadeh may in the future increase or decrease his investment in the Issuer.

An Early Warning Report respecting this decrease in the Issuer’s shareholding percentage has been filed on the System for Electronic Document Analysis and Review (“SEDAR”) under the Issuer’s profile and can be viewed at www.sedar.com.

Ali Hakimzadeh

Ali Hakimzadeh

Ali Hakimzadeh
3755 Southridge Ave
West Vancouver, B.C. V7V 3H9

Copyright (c) 2016 TheNewswire – All rights reserved.

Source: TheNewsWire (October 7, 2016 – 6:10 PM EDT)

About SmallCapPower.com

SmallCapPower.com (SCP) is the industry’s most trusted resource for small cap stocks, offering unprecedented access to the research and tools you need to help uncover the next big thing.

Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward- looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice.

Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.

For full disclosure please visit Here >>

For additional information contact:

Mark Thorburn- Manager, Media Relations Email: mark@smallcappower.com

Phone: 416.646.1941