Northstar Healthcare to list common shares on U.S. national exchange

Northstar Healthcare has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission.

The filing was made in preparation for Northstar common shares to be listed on a U.S. national exchange. "The plan of the company is to dual list our common shares on both the TSX and a national exchange in the United States. Our goal is to significantly increase the liquidity of our common shares by adding a U.S. listing and thereby accessing the massive U.S. investment community," said President Harry Fleming.

The company reported $15.1 million in $15.1 million in second quarter revenue, up 157.8 percent from $5.9 million in net patient service revenue in the second quarter of 2013.

Northstar owns and manages seven facilities, including four ambulatory surgery centers.

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