Lorian Picking up Medworxx Shares

Lorian Capital Corp, a capital pool company, plans to purchase all issued and outstanding securities of Toronto, Ontario-based Medworxx Inc.

Medworxx is a Toronto-based software company focused on the North American healthcare market. Its software comprises an integrated suite of solutions, including portal (with single sign-on), content management, learning management, policies and procedures, utilization management, and emergency readiness solutions, according to the company.

The transaction is subject to the approval of the TSX Venture Exchange (TSXV), where Lorian is listed. According to the company, the deal should close by July 15.