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Jack Nathan Health Opening Three New Medical Centres in Walmart Canada Supercentres

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  • Two Alberta and one British Columbia location to provide in-clinic physician appointments, telemedicine, primary care, urgent care and specialist services

Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF) ("Jack Nathan Health" "JNH" or the "Company"), a provider of primary care medical clinics located in Walmart® Supercentres under the Jack Nathan Health® brand announced three new locations in Western Canada, with two locations opening in Alberta and one in British Columbia.

The clinics slated to open are:

  1. St. Albert, Alberta

  2. Edmonton, Alberta

  3. Victoria, British Columbia

"These larger footprint medical centres continue to expand our presence in Western Canada and position Jack Nathan Health as a provider of accessible healthcare across the country, in all types of communities. Jack Nathan Health, in partnership with Walmart Canada, is positioned as a provider of choice, for our ability to quickly open and operate state-of-the-art clinics and medical centres," said George Barakat, Chairman and CEO of Jack Nathan Medical Corp. Each of these medical centres also has the ability to expand out and add additional services, further driving future growth."

The clinics expand Jack Nathan Health’s footprint in Western Canada and all three will provide a wide range of accessible, high quality healthcare services that include both in-clinic, telemedicine as well as but not limited to:

  • Family Medicine

  • Walk-In Option

  • Same Day Referrals

  • Rehabilitation services

  • Medispa services

As with all Jack Nathan Health clinics located inside Walmart stores, patients also have access to ample parking, an on-site pharmacy, groceries and other retail. And with the ability to expand into additional space, each of the three clinics has the option to support additional service offerings in the future.

"Walmart Canada is committed to making healthcare and wellness more accessible in the communities we serve," said Sam Hamam, senior director of licensees for Walmart Canada. "We’re very excited about the opening of three new Jack Nathan Health Medical Clinics. Together, we are helping deliver on our mission to help Canadians live better."

About Jack Nathan Medical Corp.

Jack Nathan Medical Corp., operating as Jack Nathan Health®, is one of Canada’s largest health care networks. Jack Nathan Health is an innovative health care company that is improving access for millions of patients by co-locating physician and ancillary medical services conveniently located inside Walmart® stores.

Jack Nathan Health provides an exceptional level of patient care, made possible through patient-centric physicians, a variety of medical services, technology, and programs, designed to put patients first. Our mission is to provide everyone access to the finest quality retail medical centres, with both in-clinic physicians and digital telemedicine, so you and your loved ones can "Live Your Best Life".

Jack Nathan Health was established in 2006 and continues to expand its international footprint, delivering exceptional, state-of-the-art, turn-key medical centres in 76 Walmart locations across Canada including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec, as well as 20 locations in Mexico with an additional 183 to open totaling 203 new locations.

For more information, visit www.jacknathanhealth.com or www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to Jack Nathan are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to them, and are subject to certain risks, uncertainties, and assumptions Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Such factors include but are not limited to: changes in economic conditions or financial markets; increases in costs; litigation; legislative and other judicial, regulatory, political and competitive developments; the economic and business impact of COVID-19 and operational difficulties. This list is not exhaustive of the factors that may affect forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking information. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210512005359/en/

Contacts

IR: Prit Singh, Thesis Capital psingh@thesiscapital.ca
David Berman, CFO, david.berman@jacknathanhealth.com

Media: Crystal Quast, Bullseye Corporate quast@bullseyecorporate.com

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