EGF Theramed Health Corp. announced a non-brokered private placement for up to 8,333,334 units at a price of CAD 0.06 per unit for gross proceeds of CAD 500,000 on July 18, 2022.Each unit will comprise one common share of the company and one common share purchase warrant of the company. Each full warrant will be exercisable into a common share of the company for a period of 24 months at an exercise price of CAD 0.08 during the 24 months.