Lexston Announces cancellation of Stock Options
Vancouver, British Columbia, June 3, 2022. Lexston Life Sciences Corp. (the “Company”) (CSE: LEXT) (OTCQB: LEXTF) announces that it has cancelled an aggregate of 796,000 incentive stock options (the “Cancelled Options”) previously held by certain directors, officers, employees, and consultants of the6 Company. The Cancelled Options were comprised of the following:
| Number of CancelledOptions | Original Date of Grant | Expiry Date | Exercise Price |
| 400,000 | January 18, 2021 | January 18, 2026 | $0.50 |
| 340,000 | July 5, 2021 | July 5, 2026 | $0.875 |
| 56,000 | September 8, 2021 | September 8, 2026 | $0.90 |
On Behalf of the Board of Directors
LEXSTON LIFE SCIENCES CORP.
Jagdip Bal Chief Executive Officer
Telephone: (604) 928-8913
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of the content of this news release.