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Thetford Mines, Quebec – TheNewswire – May 4, 2023 – KDA Group Inc. (TSXV:KDA) (“KDA” or the “Corporation”) is pleased to announce the completion of the transactions with 9483-0296 Quebec Inc. (“9483”) and Groupe Sante Halsa Inc (“Halsa”), previously announced by press release dated March 27, 2023, according to which 9483 and Halsa (collectively the “Buyer”) acquired the business of placement agency for pharmacists and pharmacy technical assistants for a total consideration of ten million two hundred thousand dollars (CAN $10,200,000). The transactions are effective as of May 1, 2023.
The operational management of the business of placement agency for pharmacists and pharmacy technical assistants will remain the same, in particular Mrs. Isabelle Bégin will continue to act as General Manager.
KDA has obtained the approval of the TSX Venture Exchange to the transactions on April 6, 2023, subject to the filing of the required final documents and form.
ABOUT KDA GROUP
KDA Group is a leader in technological innovations and specialized solutions in the pharmaceutical market. KDA is a corporation that offers quality products and has a respected expertise among the various stakeholders in the pharmaceutical and medical sectors. Its management team is guided by the vision to pursue leading the way in Canada and internationally. Additional information about the Corporation is available at www.kdagroup.ca and on SEDAR at www.sedar.com.
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CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release from KDA Group contains forward-looking statements. Forward-looking statements are typically identified by the words assumption, goal, guidance, objective, outlook, strategy, target, and other similar expressions, or future or conditional verbs such as aim, anticipate, believe, predict, could, expect, intend, may, plan, seek, should, strive, and will. By their nature, forward-looking statements require us to make estimates and assumptions and express opinions based on current conditions and anticipated developments, as well as other factors that Management may deem appropriate under the circumstances. There is inherent uncertainty and significant risk in these estimates, assumptions, and opinions, particularly of a commercial, economic, and competitive nature, and they are therefore subject to change. KDA Group cannot guarantee that these estimates, assumptions, and opinions will prove to be accurate.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
INFORMATION
Marc Lemieux, Chief Executive Officer
514 622-7370
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