WELLSTAR to list on TSX Venture by way of RTO

Canadian Financings (7.7.2027) – WELL Health Technologies Corp. (TSX: WELL; OTCQX: WHTCF) announced that 1587818 B.C. Ltd. (SHELL) and its subsidiary, WELLSTAR Technologies Corp., have entered into an amalgamation (reverse take-over, RTO) agreement, pursuant to which WELLSTAR and SHELL will amalgamate and intends to apply to concurrently list the resulting issuer’s subordinate voting shares on the TSX Venture Exchange (TSX-V).

The transaction is currently expected to close on or about September 16, 2026.

Following the listing, WELL is expected to remain a significant long-term controlling shareholder.

In connection with, and as a condition to closing of, the transaction, WELLSTAR is undertaking a brokered private placement of subscription receipts priced at $10.00 for gross proceeds of $50 million. The private placement will be led TD Securities Inc., RBC Capital Markets and Stifel Nicolaus Canada Inc., on behalf of a syndicate of agents.The closing of the financing is expected to occur on or about July 29, 2026.

WELLSTAR Technologies is following the step or the playbook of WELL Health Technologies Corp. which went public by way of RTO with Capital Pool Company (CPC) Movarie Capital Ltd.

photo credit: WELLSTAR Technologies

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