Event Cardio Group Inc. (OTCPK:ECGI) announced that it has entered into a subscription agreements 2,000,000 shares of its common stock at a price of $0.15 per share for gross proceeds of $300,000 on July 19, 2016. The transaction included participation from new investor Rod Sutherland, who invested $150,000 through his pension plan, Polyco Pty Ltd ATF Sutherland Super Fund. and Mepac Asia Pacific Pty Ltd, which invested the balance amount. The company also issued 1,000,000 warrants. The warrants may be exercised for a period commencing on the date of issuance and ending on December 31, 2019, at an initial exercise price of $0.25 per share.