Northwire Canada EditionSaturday, July 18, 2026
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AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
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VVT Med Receives Order from Major US Healthcare Network NorthWell Health and Enters Into Investor Relations Agreements

VVTM · Price

Executive Summary

  • VVT Med received an initial order for its ScleroSafe™ varicose vein treatment system from Northwell Health, a major U.S. healthcare network.
  • The company entered into investor‑relations agreements with I3 Capital Group (including a grant of 400,000 stock options and $55,000 cash compensation) and a marketing services agreement with Revolution Small Cap Marketing for CAD $40,000.
  • Both agreements are subject to TSX Venture Exchange approval and shareholder ratification of the equity incentive plan.

Key Details

  • Northwell Health Order
  • Initial order for “several units” of ScleroSafe™ technology.
  • Deployment overseen by Dr. Antonios Gasparis, Director of the Center for Vein Care at Northwell.
  • Intended as a reference case to potentially expand use across Northwell’s 28 hospitals and 1,000+ clinics.

  • I3 Capital Group Investor Relations Agreement

  • Effective date: October 28 2025; initial term three months, auto‑renews quarterly unless 30‑day notice given.
  • Compensation: $10,000 cash + HST upon signing; $10,000 + HST per month for first three months (paid end of month 3); thereafter $5,000 + HST per month for next three months, then no cash fees for six months.
  • Equity component: Grant of 400,000 stock options under VVT’s equity incentive plan; two‑year term; vesting in four equal tranches of 100,000 options each, beginning three months after grant date and every three months thereafter.
  • I3 currently holds or controls ~318,000 common shares plus securities to acquire an additional 57,590 shares.

  • Revolution Small Cap Marketing Agreement

  • Term: 90 days starting October 28 2025; renewable by mutual consent.
  • Services: Social‑media marketing across X (Twitter), Facebook, YouTube, Reddit.
  • Compensation: CAD $40,000 plus applicable taxes; no securities issued as payment.

  • Regulatory & Shareholder Approvals

  • Both agreements and the stock option grant require TSX Venture Exchange approval and shareholder ratification of the equity incentive plan.

Notable Quotes

“Only 2% of symptomatic varicose vein patients undergo treatment, largely due to the lack of ideal solutions… VVT's ScleroSafe™ enables these treatments to be completed in a more accessible manner, minimizing pain and post‑procedure care,” – Erez Tetro, CEO, VVT Med.

Read the original news release →

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