MISSISSAUGA, Ontario, June 12, 2025 — MedX Health Corp. (“MedX” or the “Company”) (TSX-V: MDX) announces today the engagement of Red Cloud Securities Inc. (“Red Cloud”) to provide market making services to the Company.
Pursuant to the agreement between Red Cloud and MedX, Red Cloud will be paid a monthly flat fee of $5,000, payable in advance in cash for the period of June 15, 2025 to September 15, 2025, and continuing thereafter on a monthly basis. Either party may terminate the agreement with not less than thirty-days’ notice to the other party.
As part of the services to be rendered to the Company, Red Cloud undertakes to use its best efforts to (i) maintain a reasonable and consistent bid and offer spread for the Company’s common stock, (ii) maintain a reasonable board lot size for the bid and the offer of the Company’s common stock on the TSX Venture Exchange, and (iii) supply liquidity using its own cash in hand. The services will mainly be rendered by Mr. Adam Smith who is acting at arm’s length to the Company. As of the date of this announcement, Red Cloud, together with Mr. Adam Smith, own securities of the Company in the form of common shares.
The engagement of Red Cloud remains subject to the acceptance of the TSX Venture Exchange.
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