Agility Health Announces Terms of Public Offering of Voting Common Shares

GRAND RAPIDS, MICHIGAN--(Marketwired - June 24, 2015) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Agility Health, Inc. (TSX VENTURE:AHI) ("Agility Health" or the "Company"), a leading provider of physical rehabilitation and software services that benefit patients, healthcare providers and employers, is pleased to announce that it has entered into an agency agreement (the "Agency Agreement") with a syndicate of agents consisting of Bloom Burton & Co. Limited, Cormark Securities Inc. and Clarus Securities Inc. (collectively, the "Agents") in connection with its previously announced public offering (the "Offering") of voting common shares (the "Shares").

The Offering is being made in the provinces of British Columbia, Alberta and Ontario by way of a prospectus supplement to Agility Health's base shelf prospectus dated May 29, 2015, to be filed as soon as practicable.

Pursuant to the terms of the Agency Agreement, the Agents have agreed to sell, on a best efforts agency basis, up to 14,285,714 Shares, at a price of $0.35 per Share, for aggregate gross proceeds of up to $5,000,000.

Net proceeds of the Offering will be used to fund: (i) the purchase price for the acquisition of common voting shares in a US-based physical therapy business that would expand Agility Health's physical therapy platform and offerings; (ii) de novo outpatient clinic growth focused on forging long-term clinician partnerships to enable existing market expansion and new market penetration; and (iii) general working capital purposes.

The Offering is scheduled to close on or about June 30, 2015 (the "Closing Date"), subject to customary closing conditions, including the conditional approval of the TSX Venture Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a "U.S. person" (as defined in Regulation S under the U.S. Securities Act) unless an exemption from such registration is available.

About Agility Health

Through its subsidiary and principal operating entity, Agility Health, LLC, Agility Health operates a multi-state network of outpatient rehabilitation clinics and provides contracted services to hospitals, nursing homes and other institutional clients, providing care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and a variety of other injuries and conditions. In addition, Agility Health provides a number of ancillary services related to physical rehabilitation, including practice management software systems and custom orthotics. Agility Health operates 84 outpatient or onsite rehabilitation locations in 15 states. Agility Health's contract therapy services business provides rehabilitative services to 35 hospitals and inpatient rehabilitation units, 36 nursing homes, long-term care facilities and other service locations in 8 states. For more information, please visit investors.agilityhealth.com.

Cautionary Statements

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

This release includes forward-looking statements regarding Agility Health and its business. Such statements are based on the current expectations and views of future events of Agility Health's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Forward-looking statements in this news release include, but are not limited to, the terms of the Offering, the successful completion of the Offering, the Company's anticipated use of proceeds and the expected timing for closing of the Offering. Factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, failure to obtain TSX Venture Exchange approval of the Offering, general business and economic uncertainties and adverse market conditions as well as those risks set out in the Company's public documents filed on SEDAR. No assurance can be given that the Offering will be completed as described, or at all. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Agility Health undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.