On June 28, 2016 Quinsam Opportunities I Inc. (“Quinsam”) entered into a binding letter of intent with Vitalhub Corp. (“Vitalhub”) which outlined the general terms and conditions of a proposed transaction that will result in QOP acquiring all of the issued and outstanding shares of Vitalhub and warrants in exchange for shares of QOP and warrants.

Quinsam is controlled by Quinsam Capital Corporation, a merchant banking business encompassing a range of activities including acquisitions, advisory services, lending activities and portfolio investments. It is based in Canada and operates internationally.

Peterson McVicar is acting for Quinsam Opportunities I Inc. with a team that includes Dennis Peterson.