Alternate Health Corp. (CNSX:AHG) announced a non-brokered private placement of unsecured convertible notes for proceeds of CAD 12,000,000 on January 29, 2019. The notes will mature in three years from the date of issuance. The note carries an interest at a rate of 8.5% per annum, payable on maturity date. The notes will convertible into common shares of the company at a price of CAD 0.65 per share at the option of the holder within one year of closing and CAD 1.00 thereafter, subject to the policies of the Canadian Securities Exchange.