RESTART LIFE SCIENCES — Capital/Financing Update 2025

Feb 7, 2025

PRESS RELEASE

Restart Life Sciences Corp. Closes Private Placement and Debt Settlement Transactions

VANCOUVER, BC / February 7, 2025 / Restart Life Science Corp. (CSE: HEAL) (FSE: HN3) (OTC Pink Sheets: NMLSD) ("Restart Life" or the "Company") announces that further to its news release dated January 16, 2025, the Company has closed a debt settlement transaction (the "Debt Settlement") to settle an aggregate CDN$126,185.40 in debt (the "Debt") and a non-brokered private placement for total gross proceeds of CDN$550,000 (the "Placement").

Pursuant to the Placement, the Company has allotted and issued 11,000,000 units (the "Units") at a price of CDN$0.05 per Unit. Each unit consists of one common share of the Company and one transferable share purchase warrant, with each warrant entitling the holder to acquire one additional common share at an exercise price of CDN$0.075 for a period of 12 months from the date of issuance.

In settlement of the Debt, the Company has issued 2,523,708 Units under the same terms as the Placement.

The Company will use the proceeds from the Placement towards general working capital purposes. All securities issued under the Placement are subject to a hold period of four months and one day expiring on June 7, 2025.

About Restart Life Sciences Corp.

Restart Life Science Corp. is a Canadian-based life sciences company listed on the CSE. For more information about Restart Life., please visit the Company's website at www.restartlife.co

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Restart Life Science's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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PRESS RELEASE

On behalf of the board of directors,
Chief Executive Officer - Steve Loutskou
Tel: +1 (778) 819-0244
Email: hello@restartlife.co