VANCOUVER: Global Care Capital Inc., a global investment company which engages in early stage investment opportunities in private and public companies, has entered into a letter of intent for the acquisition of all of the issued and outstanding securities in the capital of Healthview Technologies Inc. in exchange for securities of Global Care.

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 LOI also contemplates other material conditions precedent to the closing of the Transaction, including the completion of due diligence, compliance with all applicable regulatory requirements and receipt of all necessary regulatory, corporate, third-party, board and shareholder approvals being obtained, including the approval of the Canadian Securities Exchange.

There can be no assurance that the Transaction will be completed as proposed, or at all. Alexander  Somjen,  CEO  of  Global  Care,  stated:  “We  are  excited  about  the  opportunity  to  bring Healthview under the Global Care umbrella.  Telehealth is an important and growing sector, especially given  the  current  times.  Healthview’s  virtual  care  platform  will  hopefully  help  fulfill  growing  employer demand for digital healthcare solutions for their workforce and prove complementary to Global Care’s existing health care related portfolio companies.”

Healthview aims to be a global disruptor in the mental health and wellness space. Healthview provides wellness support and mental health solutions and services to both employers and employees. As the population  continues  to  work  remotely,  mental  health  and  workplace  wellness  have  become  more important than ever before. Healthview is an online solution and tool that employees and employers will be able to use to maintain employee wellness.

Global Care  Global Care Capital is a global investment company which specializes in providing early stage financing to private and public companies. The Company engages in new, early stage investment opportunities in previously underdeveloped assets and obtaining positions in early stage investment opportunities that adequately reflect the risk profile.