08:54 AM EDT, 07/31/2026 (MT Newswires) -- WELL Health Technologies ( WHTCF ) subsidiary WELLSTAR Technologies raised C$50 million after closing a financing transaction ahead of its planned listing on the TSX Venture Exchange in September.

WELLSTAR plans to use the proceeds for potential future acquisitions, AI-related innovation, organic growth initiatives and general corporate purposes, WELL Health ( WHTCF ) said Friday.

The funds will be released to WELLSTAR following the satisfaction of the escrow release conditions of the subscription receipts, according to WELL Health ( WHTCF ).