Lightspeed Discoveries Inc. — Capital/Financing Update 2021

Nov 26, 2021

LIGHTSPEED DISCOVERIES INC.

LIGHTSPEED DISCOVERIES INC. PROVIDES UPDATE ON CHANGE OF BUSINESS AND REVERSE TAKEOVER TRANSACTION

FOR IMMEDIATE RELEASE

Vancouver, British Columbia, June 4, 2021 – Lightspeed Discoveries Inc. (" Lightspeed ") announced today that the definitive share exchange agreement dated January 29, 2021 with Genomica Bioinformatics Ltd. has terminated. The outside date of May 31, 2021 has lapsed without the conditions to closing being satisfied.

Lightspeed expects that its common shares will resume trading in due course.

For further information, please contact:

Chris Cherry, Director Lightspeed Discoveries Inc. Email: lightspeeddiscinc@gmail.com

Cautionary Note and Forward Looking Information

This news release contains forward-looking information based on current expectations. Statements about the resumption of trading in Lightspeed's common shares is forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that Lightspeed's shares will commence trading or that, if the trading does resume, it will be completed on the terms described above. Lightspeed assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.