 West Palm Beach, FL, May 17, 2021 GLOBE NEWSWIRE -- via NewMediaWire -- Ethema Health Corporation OTCPINK: GRST Ethema GRST or the Company is pleased to announce that the Company has made a substantial change to its debt position. The details have been released in an 8-K filed today with the SEC. At the end of April, payments on one of the Companys convertible notes were due in addition to the expiration of the rights of repayment on several of the other convertible notes owed by the Company. As part of the Companys focus on dealing with its debt announced on April 28, 2021, the Company closed on a one-year convertible note in the face amount of 550,000.00 including an OID of 10 and a fixed conversion price of 0.005 per share. The Company used the proceeds of the loan to repay three of its lenders notes completely. The notes that were repaid were notes owed to Geneva Roth Remark Holdings in the face amount of 88,000 which required a payment of 119,449.27, FirstFire Global Opportunities Fund in the face amount of 138,888.89 which required a payment of 164,913.20, and Auctus Fund in the face amount of 100,000.00 which required a payment of 110,000. An additional note due to Geneva Roth Remark Holdings in the face amount of 53,000.00 has a prepayment right that expires on May 24, 2021 and will also be repaid from the proceeds of the loan. These repayments reduced substantially the amount of debt that would be converted into common stock and fixes the rate of conversion on the new loan so that dilution to the Companys existing shareholders was brought down substantially. A portion of the money due at the end of April was converted to restricted common stock and after repayment to one of the lenders that lender exercised its warrants. The result of the conversions and exercise of warrants were far less dilutive than what was possible had the notes not been repaid. 