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Braxia Scientific Provides New Audio Webcast and Dial-In Number for Annual General Meeting

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Braxia Scientific Corp. has announced updated details for its annual general meeting scheduled for October 28, 2021, at 10:00 am (ET). Changes include new audio webcast and dial-in information for shareholders. Braxia Scientific focuses on innovative ketamine treatments for depression and related disorders, operating clinics in Mississauga, Toronto, Ottawa, and Montreal. The company aims to reduce the burden of mental disorders and is engaged in developing novel drugs and delivery methods.

Positive
  • Braxia operates multidisciplinary clinics in major Canadian cities.
  • The company focuses on reducing the burden of mental health disorders.
Negative
  • Forward-looking statements include risks related to the effectiveness of ketamine treatments.
  • Regulatory approval for psychedelic treatments poses potential hurdles.

TORONTO, Oct. 27, 2021 /PRNewswire/ - Braxia Scientific Corp. ("Braxia Scientific", or the "Company"), (CSE: BRAX) (OTC: BRAXF) (FWB: 496), a medical research company with clinics providing innovative ketamine treatments for persons with depression and related disorders, today provides revised details in connection with its annual general meeting of shareholders to be held on October 28, 2021, at 10:00 am (ET). The Company advises that the audio webcast and dial-in number for shareholders wishing to listen to the meeting have been changed from those provided in the notice of annual general meeting and information circular of the Company. The updated audio webcast and dial-in number is below:

Audio Webcast Link: https://blgmeet.webex.com/blgmeet/j.php?MTID=m750ffdfddefd39728bc2826e26adce36

Meeting Number: 2345 825 5938

Password: meet2021

Phone Number: +1-844-974-2903

Access Code: 234 582 55938

The remaining details for the meeting are included in the notice of annual general meeting and information circular on the Company's website and available at www.sedar.com.

About Braxia Scientific Corp.

Braxia Scientific is a medical research company with clinics that provide innovative ketamine treatments for persons with depression and related disorders. Through its medical solutions, Braxia aims to reduce the illness burden of brain-based mental disorders such as major depressive disorder among others. Braxia is primarily focused on (i) owning and operating multidisciplinary clinics, providing treatment for mental health disorders, and (ii) research activities related to discovering and commercializing novel drugs and delivery methods. Braxia seeks to develop ketamine and derivatives and other psychedelic products from its IP development platform. Through its wholly owned subsidiary, the Canadian Rapid Treatment Center of Excellence Inc., Braxia currently operates multidisciplinary community-based clinics offering rapid-acting treatments for depression located in Mississauga, Toronto, Ottawa, and Montreal.

ON BEHALF OF THE BOARD

"Dr. Roger S. McIntyre"
Dr. Roger S. McIntyre

Chairman & CEO

Website: www.braxiascientific.com

The CSE has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-looking Information Cautionary Statement
This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance are "forward-looking statements".

Forward-looking statements include statements about the intended promise of ketamine-based treatments for depression and the potential for ketamine to treat other emerging psychiatric disorders, such as Bipolar Depression. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events, or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, the failure of ketamine, psilocybin and other psychedelics to provide the expected health benefits and unanticipated side effects, dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing federal, provincial, municipal, local or other licenses and engaging in activities that could be later determined to be illegal under domestic or international laws. Ketamine and psilocybin are currently Schedule I and Schedule III controlled substances, respectively, under the Controlled Drugs and Substances Act, S.C. 1996, c. 19 (the "CDSA") and it is a criminal offence to possess such substances under the CDSA without a prescription or a legal exemption. Health Canada has not approved psilocybin as a drug for any indication, however ketamine is a legally permissible medication for the treatment of certain psychological conditions. It is illegal to possess such substances in Canada without a prescription. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, including the Amended and Restated Listing Statement dated April 15, 2021, which are available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements.

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SOURCE Braxia Scientific Corp.

FAQ

What are the new details for Braxia Scientific's annual general meeting?

The meeting will be held on October 28, 2021, at 10:00 am (ET), with updated audio webcast and dial-in information.

What is the focus of Braxia Scientific Corp.?

Braxia Scientific focuses on providing innovative ketamine treatments for depression and related disorders.

Where are Braxia Scientific's clinics located?

Braxia Scientific operates clinics in Mississauga, Toronto, Ottawa, and Montreal.

What risks does Braxia Scientific face regarding its treatments?

The company faces risks related to the effectiveness of ketamine treatments and the challenges in obtaining regulatory approvals.

What is the stock symbol for Braxia Scientific?

The stock symbol for Braxia Scientific is BRAXF.

BRAXIA SCIENTIFIC CORP

OTC:BRAXF

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Biotechnology
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United States of America
Toronto