Ketamine One Becomes Exclusive Ketamine Treatment Provider To Victoria Wellness

Ketamine One Becomes Exclusive Ketamine Treatment Provider To Victoria Wellness

Utilizing its Previously Announced Partnership with iHealthOX, the Company Will Provide Initial Assessments and Consultations of, Develop Care Plans for and Administer IV or Oral Ketamine Therapy to Victoria Wellness’ Appropriate Clients in Ontario

Vancouver, British Columbia, January 17, 2022 / Globe Newswire / – KetamineOne Capital Limited  (“Ketamine One” or the “Company”) (NEO: MEDI) (OTC: KONEF) (Frankfurt: MY0), a company  focused on consolidating medical clinics and becoming a North American leader in mental health  treatments, is pleased to announce that the Company has entered into a one-year agreement with Victoria  Wellness Mental Health Residential and Addition Treatment Centre (“VW” or the “Centre”) for Ketamine  One to be the Centre’s exclusive ketamine treatment provider. Located at 5316 Rice Lake Scenic Drive in  Gores Landing, Ontario, VW is a residential rehabilitation facility and mental clinic focused on treating  anxiety, depression and post-traumatic stress disorder (“PTSD”) by offering personalized therapy treatment  programs with a connection to nature to both veterans and the general public.  

The Company and the Centre have launched a first class, best practice-based, six-week inpatient Ketamine  Integrated Therapy Experience (“KITE”) program. The first three weeks of the KITE program is being  structured to offer clients a unique opportunity to benefit from fast acting, evidence based and medically  supervised ketamine administration in order to help combat long standing and prescription resistant mental  health conditions such as depression and PTSD. Doses of ketamine will be supplemented with specialized  and integrated ketamine-assisted psychotherapy (“KAP”). The KITE program will also see VW’s clients  embark on a comprehensive, premium, six-week residential recovery experience featuring the best in both  data-driven recovery therapies and holistic healing traditions.  

VW is looking to become a leader in the mental heath industry by incorporating KAP into its service  offering. The Centre already has veterans interested in the KITE program and treatments are expected to  begin shortly. Based on Ketamine One’s previously announced partnership, clients will be triaged and  psychologically assessed by iHealthOX. Those deemed appropriate for treatment will receive ketamine  intravenously at an off-site, third-party pain centre.  

“This exclusive agreement with VW is a meaningful opportunity to help even more veterans and other  members of the general public who are battling daily with anxiety, depression and PTSD. Ketamine One  looks forward to working with the VW team over the next year and beyond,” said Steven Inglefield, Chief 

Operating Officer of Ketamine One. “Growing our network of clinics, both directly and indirectly such as  through this agreement, is a core part of the Company’s competitive strategy. We are working hard to  expand our operations and, ultimately, what that means is working hard to help more people,” added Mr.  Inglefield.  

“Thank you to Ketamine One for your persistent in the mental health field to allow all Canadians the  opportunity to end their mental health struggles with the benefits of ketamine. I am thrilled to form a  partnership with Ketamine One to become a leader in the mental health field in Canada. This partnership  allows us to provide inpatient residential care with ketamine to the veterans, military and first responders  who are suffering from PTSD, depression and other mental health issues. From my own personal  experience, you can get better and our KITE program is designed to help you fly,” said Joe Ann Kortman,  Executive Director of VW.  

Additionally, Ketamine One is please to report that data collection from the first participants in the  previously announced single arm, open label study of patients with PTSD who are undergoing the  proprietary physical therapy program at the Company’s IRP Health clinics began on January 4, 2022. And  lastly, the Company is pleased to announce that the re-branding of IRP Health is now complete. Interested  parties can visit www.irphealth.ca to experience the new brand.  

ABOUT KETAMINE ONE 

KetamineOne Capital Limited (formerly Myconic Capital Corp.) is a company focused on consolidating  medical clinics and becoming a North American leader in mental health treatments. It is working to provide  the critical infrastructure needed to develop and deliver breakthrough mental health treatments. Currently,  Ketamine One has a network of clinics across North America, with plans to further consolidate the highly  fragmented industry. KGK Science Inc. is the Company’s wholly owned contract research division, which  places it at the forefront of premium clinical research based on the subsidiary’s history and extensive  experience in pharmaceuticals, cannabis, and the emerging psychedelic medicine industries. As a collective  enterprise, Ketamine One is dedicated to helping solve the growing need for safe and accessible mental  health therapy.  

On behalf of:  

KETAMINE ONE 

“Adam Deffett”  

Adam Deffett, Interim CEO  

For further information, please contact:  

Nick Kuzyk, Investor Relations  

Tel: 1-844-PHONE-K1 (1-844-746-6351)  

Email: IR@ketamine.one  

Web: www.ketamine.one 

Twitter: @KetamineOne  

Notice Regarding Forward-Looking Information: 

This news release contains forward-looking statements including but not limited to statements regarding the Company’s business, assets or investments, as well other statements that are not historical facts. Readers 

are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward 

looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.  

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.   

INTERESTED IN WORKING WITH KETAMINE ONE?

If you’re interested in being a financial partner, clinic partner, or community advocate, we’d love to talk. partners@ketamine.one