Vancouver (pcJ News Briefs) – Premier Diversified Holdings Inc. (CSE: PDH) completed previously announced non-brokered private placement of 4,000,000 common shares at $0.10 per share for gross proceeds of $400,000
Net proceeds will be used to fund the acquisition of interests in Sequant Reinsurance Holdings Ltd., a Bermuda-based reinsurance company, and MyCare MedTech Inc., an Alberta telemedicine company that provides services through GOeVisit.com.
Premier Diversified Holdings Inc. invest in diversified industries through its acquisitions of securities and/or assets of public and private entities which it believes have potential for significant returns. Its current holdings include interests in medical diagnostic clinics located in Canada and China, in a reinsurance business located in Bermuda, in several Vancouver-based real estate development projects and in an online medical consulting company.
photo credit: Premier Diversified Holdings