TORONTO, Jan. 19, 2022 /CNW/ – Pathway Health Corp. (TSXV: PHC) (Frankfurt: KL1) (formerly
Colson Capital Corp.) (“Pathway” or the “Company”), an integrated healthcare company that
provides products and services to patients suffering from chronic pain and related conditions,
announces the issuance of 75,000 common shares in the capital of the Company (“Common
Shares”) to CannTrust Inc. in partial satisfaction of the Company’s payment obligations under an
asset purchase agreement dated August 31, 2021 (the “Agreement”), pursuant to which a subsidiary
of the Company acquired substantially all of the operating assets of O Cannabis We Stand On
Guard for Thee Corporation (the “Vendor”).
The acquisition of the assets of the Vendor, and further information concerning the Agreement, are
described in the Company’s press release dated September 7, 2021. The Common Shares issued
to satisfy the payment obligation will be subject to four month hold period under applicable securities
After giving effect to the issuance of the 75,000 Common Shares, the Company will have
93,722,085 Common Shares issued and outstanding.