International Health Partners Inc.
TSX VENTURE : IHP

International Health Partners Inc.

October 19, 2005 18:36 ET

International Health Partners Inc. Board of Directors to Recommend Share Rollback

CALGARY, ALBERTA--(CCNMatthews - Oct. 19, 2005) - International Health Partners Inc.'s (TSX VENTURE:IHP) ("IHP" or the "Company") Board of Directors and management team, during the past six months, have been engaged in a restructuring of the Company's medical, dental and administrative divisions. The focus has been on maximizing revenues while reducing and controlling expenses.

The Board of Directors will be recommending to the shareholders of the Company at the November 23, 2005 Annual and Special Shareholders' Meeting up to a 5 for 1 share consolidation. This move is intended to enhance the Company's position for future financing while also preserving long term value for shareholders.

International Health Partners Inc. (www.ihp.ca) is a medical and dental "Practice Management Company" ("PMC") in the business evaluating consolidating medical and dental facilities. The Company operates a chain of modern health facilities that provide primary medical and dental services in the Province of Alberta.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • International Health Partners Inc.
    Kevin Blanchette
    President and CEO
    (403) 264-7664
    (403) 264-7640 (FAX)
    Email: investor@ihp.ca