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Certive Solutions Inc. Capital/Financing Update 2020

Jun 2, 2020

46764_rns_2020-06-02_18bcfa4c-3380-454e-a46b-347ee061dd07.pdf

Capital/Financing Update

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FOR IMMEDIATE RELEASE June 2, 2020

Certive Announces Offering Update and Debt Conversion

Scottsdale Arizona and Vancouver British Columbia - Certive Solutions Inc. (OTCQB:CTVEF CSE:CBP) (“Certive” or the “Company”) is pleased to announce the following:

Offering Update – Certive is providing an update on the progress of its recently announced Convertible Promissory Note Offering. Certive has raised $747,000 of this Private Placement that is secured by 1/3 of the revenue stream attributed to the previously announced new six-hospital client in the Northeastern United States, which is currently being onboarded by Certive Health. The Offering consists of US$1.2 Million of four-year 12% Convertible Promissory Notes, which are convertible into Common Shares of Certive at US$0.14/share.

Additional Debt Conversion – In addition, a member of the Certive’s Advisory Council elected to convert an 8% two-year promissory note in the original principal amount of US$100,000 plus accrued interest of US$11,968 into shares of the Company’s Common Stock at the rate of US$0.06/share. Accordingly, the Company issued 1,866,127 shares of Common Stock.

For more information regarding this announcement, please visit our website at https://certivehealth.com or contact Certive directly at (480) 922-5327.

Scott Thomas Investor Relations, Certive Solutions Inc. [email protected]

About Certive Solutions Inc.

Certive Solutions Inc. (Scottsdale, Arizona) provides revenue cycle management solutions to the U.S. healthcare market through its wholly owned U.S. operating subsidiary, Certive Health Inc. (Certive Health). Certive Health's claim audit and recovery services, billing services, and software solutions help providers work with payers to efficiently manage the reimbursement process and improve financial performance. Certive Health's highly skilled and experienced management team, combined with proprietary workflow and analytics, audit, identify, bill and collect missed charges in accordance with contractual obligations between the public or commercial insurance carrier and the designated provider. The healthcare market is changing. Certive Health works with clients to provide efficient and effective solutions aligned with reform initiatives to improve healthcare and reduce costs.

FORWARD-LOOKING STATEMENTS

Statements contained in this report that are not statements of historical fact are intended to be and are hereby identified as “forward-looking statements” for purposes of the safe harbor provided by the Reform Act. Generally, forward-looking statements include expressed expectations of future events and the assumptions on which the expressed expectations are based. All forwardlooking statements are inherently uncertain as they are based on various expectations and

Certive Solutions Inc. | 480-922-5327 | 7373 E. Doubletree Ranch Road | Suite 210 | Scottsdale AZ | 85258

assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected. Due to those uncertainties and risks, the investment community is urged not to place undue reliance on written or oral forward-looking statements of Certive Solutions Inc. The Company undertakes no obligation to update or revise this Safe Harbor Compliance Statement for Forward-Looking Statements (the “Safe Harbor Statement”) to reflect future developments. In addition, Certive undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

Certive Solutions Inc. | 480-922-5327 | 7373 E. Doubletree Ranch Road | Suite 210 | Scottsdale AZ | 85258 2