Cult Food Science Corp. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.25 per unit for aggregate gross proceeds of up to CAD 2,500,000 on June 10, 2024. Each unit will consist of one common share in the capital of the Company and one transferrable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the Company at an exercise price of CAD 0.35 per share for a period of two years following the closing of the Offering. The company may pay finder's fees in connection with the Offering. All securities to be issued under the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. The company may close
the offering in one or more tranches. Insider participation in the Offering is not anticipated at this
time.