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Lexston Life Sciences Corp. Grants Stock Options

Lexston Life Sciences Corp. Grants Stock Options

(TheNewswire)


Lexston Life Sciences Corp.

Vancouver, British Columbia –
TheNewswire –
November 11, 2021.
Lexston Life Sciences Corp. (CSE:LEXT)
(CNSX:LEXT.CN)
(
“Lexston”
)
granted 1,400,000 stock options to its directors, officers,
consultants and employees.

Each stock option is exercisable at $0.135 per share.
The options vest immediately and expire on November 11, 2026.

All options were granted pursuant to the 10% rolling
stock option plan of Lexston dated January 15, 2021 (the
“Plan”
).

As of the date of this news release Lexston has
5,680,000 stock options granted and 23,363 stock options available for
future grants.

About Lexston Life Sciences
Corp.

Lexston Life Sciences Corp. is a Canadian biotechnology company
providing cannabis testing and research services. Lexston is also in
the process of securing licensing under the exemptions prescribed by
section 56 of the Controlled Drugs and Substances Act (Canada) to
enable the expansion of its services into the psychedelic industry
with an initial focus on the detection and quantification of
psychedelic molecules in the lab and point of care. Lexston intends to
develop and validate methods for standardized manufacturing of plant
derived psychedelics in support of burgeoning trials in the field of
mental health and wellness.

On Behalf of the Board of Directors

LEXSTON LIFE SCIENCES CORP.

Jagdip Bal Chief Executive Officer

Telephone: (604) 928-8913

Neither the Canadian Securities
Exchange nor its Regulation Services Provider accepts responsibility
for the adequacy or accuracy of this release.

Copyright (c) 2021 TheNewswire – All rights reserved.

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