On December 22, 2019 MedX Health Corp. ("MedX" or the "Company") (TSX-V: MDX) reported that with respect to a private placement for which an Initial Closing took place on November 4, 2019, whereby 1,252,000 Units were sold and $150,120 was raised from accredited investors and was announced in a Press Release on November 7, 2019, a further $50,000 was subsequently received, resulting in a Second Closing on November 21, 2019, as envisaged in the Press Release, and the issuance of a further 416,666 Units, which securities will be restricted from trading until March 2, 2022 (Press release, MedX Health, DEC 22, 2019, View Source [SID1234552565]). Each Unit, priced at $0.12, comprises one fully paid common share and one share purchase warrant; each warrant entitles the holder to purchase one additional share at a price of $0.20 during the period up to two years from the respective closing.

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Following that Second Closing, the number of issued shares of MedX is 143,586,428.