Corner Market Capital Corporation

Corner Market Capital Corporation

October 06, 2014 17:39 ET

Corner Market Capital Corp.: Early Warning Report Issued Pursuant to National Instrument 62-103; Acquisition of Shares of Premier Diagnostic Health Services Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 6, 2014) -

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

Corner Market Capital Corp. ("CMCC"). This press release is being disseminated as required by National Instrument 62-103 The Early Warning System and Related Take Over Bid and Insider Reporting Issues in connection with the filing of an early warning report (the "Early Warning Report") regarding the acquisition of securities of Premier Diagnostic Health Services Inc. (the "Company") by CMCC of Suite 1350, PO Box 11610, 650 West Georgia Street, Vancouver, B.C. V6B 4N8.

As a result of acquisitions made by way of direct purchase from the Company pursuant to a private placement offering, CMCC indirectly acquired an aggregate of 8,333,332 common shares (the "Shares") of the Company at a price of $0.18 per Share on October 2, 2014.

Immediately following the acquisition, CMCC indirectly owns and controls a total of 9,373,332 Shares, representing approximately 10.27% of the currently issued and outstanding Shares of the Company (on an undiluted basis). The Shares are held by MPIC Canadian Limited Partnership (1,388,888 Shares) and MPIC Fund I, Limited Partnership (7,984,444 Shares). CMCC is the sole shareholder of Corner Market Management Inc. ("CMMI"). CMCC is a 65% shareholder of Corner Market Capital U.S. Inc. ("CMCUS"). CMMI is the general partner of MPIC Canadian Limited Partnership and CMCUS is the general partner of MPIC Fund I, Limited Partnership.

The Shares were acquired for investment purposes and CMCC may increase or decrease its beneficial ownership or control depending on market or other conditions.

A copy of the related Early Warning Report may be found on www.SEDAR.com.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

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