Restart Life Receives Aggregate Gross Proceeds of Approximately $590,000 from Warrant Exercises and Loan

Executive Summary

• Restart Life Sciences Corp. raised approximately CAD $590,000 through warrant exercises ($340k) and a CAD $250,000 loan.
• The proceeds are earmarked to fund the planned acquisition of 100% of Holy Crap Foods Inc. and for general working capital.
• The loan carries a 12% annual interest rate, 12‑month term, with a renewal option; warrant exercises included a $130,000 contribution from the CEO.

Key Details

• Warrant Exercises: Holders exercised 4,103,023 warrants generating ~CAD $340,000 gross proceeds.
• CEO Participation: The CEO exercised 1,303,023 warrants for ~CAD $130,000 of the total.
• Loan Financing: Arm’s‑length loan of CAD $250,000 principal; 12% per annum interest payable monthly; 12‑month term with optional renewal upon mutual agreement.
• Use of Proceeds: Net proceeds will be applied to:
• Advance a binding Letter of Intent (dated Dec 22 2025) to acquire 100% of Holy Crap Foods Inc. from Happy Belly Food Group (CSE: HBFG).
• Support ongoing Food Studies initiatives.
• Provide general working capital.
• Acquisition Conditions: Completion subject to satisfactory due diligence, execution of a definitive agreement, and regulatory approvals including CSE consent.
• Forward‑Looking Statements: The release contains forward‑looking information regarding loan repayment, use of proceeds, and acquisition completion; risks and uncertainties are disclosed.

Notable Quotes

• “Restart Life Sciences extends its appreciation to shareholders for their continued support as the Company advances its mission and executes on its strategic growth initiatives.” – Steve Loutskou, CEO.