 VANCOUVER, BC ACCESSWIRE June 11, 2020 CounterPath Corporation CPAH PATH.TO the Company or CounterPath, a global provider of award-winning Unified Communications and Collaboration UCC solutions for enterprises and service providers, today announced the closing of a non-brokered private placement of 284,902 shares of common stock each, a Share of the Company at a price of US3.51 for gross proceeds of US1,000,006 the Offering. The net proceeds from the Offering will be used to pay down Company debt and for general corporate purposes. Wesley Clover International Corporation Wesley Clover, the Companys largest shareholder, and KMB Trac Two Holdings Ltd. KMB, the Companys second-largest shareholder, each subscribed for an aggregate of 142,451 Shares. 