Aug 5 2010
AIM Health Group Inc. ("AIM" or the "Company") (TSXV - AHG), a fully integrated health care company, announced today that it had entered into an agreement for a non-brokered private placement of 2,857,144 common shares at $0.25 per share for total proceeds of $714,286. The transaction is subject to regulatory approval and is expected to close immediately after such approval is received.
The Company also announced that it has received an additional $285,714 as a contract renewal fee with respect to a joint venture agreement.