ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") is pleased to report that further to the press release on April 4, 2022, certain members of the Board of Directors and Senior Management have further increased their positions in the Company by purchasing additional shares in open-market transactions between April 5, 2022, and April 6, 2022, for an additional 1,680,000. Details of the purchase is as follows:
- Michael Yeung, Chairman, purchased 435,000 shares at an average price of $0.068
- Lena Kozovski, CEO, purchased 395,000 shares at an average price of $0.07
- Paul Haber, CFO, purchased 400,000 shares at an average price of $0.07
- Youngcho Lee, Director, purchased 450,000 shares at an average price of $0.067
Over the past two weeks, certain members of the Board of Directors and Senior Management accumulated a total of 4,521,000, representing 6.1% of the total outstanding shares of 74,638,916.
"In the last couple weeks, insiders have purchased approximately 6.1% of outstanding shares of the Company. Subject to internal corporate policies and security rules and regulations, insiders may from time to time potentially look to further their share positions in the open market. Senior management has great confidence in the company and strongly believe in the value of our shareholders. I want to thank the members of the Company for their continued support and belief in us as we continue to grow." said Lena Kozovski, CEO of the Company.
ScreenPro is a Screening and Medical Technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro has its own medical doctor and nursing professionals with on the ground support staff and transportation, with access to high quality PPEs to ensure that clients are protected in all aspects of their testing needs.
For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com
For more information about the Company, please refer to the Company's profile on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor it's Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Lena Kozovski, CEO
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to expectations regarding the acquisition and business of Concierge Medical Consultants Inc. and the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119760