SAN DIEGO, May 21, 2021 (GLOBE NEWSWIRE) -- Salona Global Medical Device Corporation (the “Company” or “Salona Global”) (TSXV:SGMD, Financial) is pleased to announce that, further to its press releases of September 17, 2020, March 15, 2021 and April 26, 2021, it has closed its acquisition of South Dakota Partners, Inc., and its Form S-1 Registration Statement has been declared effective by the United States Securities and Exchange Commission. Accordingly, the 7,869,005 subscription receipts issued by the Company and 2,121,232 subscription receipts issued by Brattle Finco B.C. Ltd. were ultimately converted or exchanged, as applicable, for an aggregate of 9,990,237 common shares in the capital of the Company and 2,121,232 purchase warrants of the Company.