Hemostemix Provides Corporate Update

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Hemostemix (TSXV: HEM) (OTCQB: HMTXF) has issued a clarification regarding its February 10, 2025 announcement about engaging Proconsul Capital for investor relations services. The clarification comes at the request of the Canadian Investment Regulatory Organization (CIRO). The engagement, which began February 6, 2025, involves investor relations and market awareness services with compensation set at $6,000 per month on a month-to-month basis. No stock options have been granted initially, though negotiations for options may occur after three months. The arrangement is subject to TSX Venture Exchange acceptance, and Hemostemix confirms compliance with TSXV Policy 3.4 regarding investor relations activities.

Calgary, Alberta--(Newsfile Corp. - February 13, 2025) - Hemostemix Inc. (TSXV: HEM) (OTCQB: HMTXF) (FSE: 2VF0) ("Hemostemix" or the "Company") announces that, at the request of the Canadian Investment Regulatory Organization ("CIRO"), it is issuing this news release to clarify and provide additional information regarding its previous announcement dated February 10, 2025.

On February 10, 2025, Hemostemix announced the engagement of Proconsul Capital Ltd. to provide investor relations services. The Company wishes to provide the following additional details in accordance with TSX Venture Exchange ("TSXV") Policy 3.4, Section 3.1:

1. Details of the Investor Relations Agreement:

   1. Service Provider: Proconsul Capital Ltd.

   2. Services Provided: Investor relations and market awareness services

   3. Duration of Engagement: February 6, 2025

   4. Compensation: $6,000 per month for the term of the Engagement, which is month to month

2. Details of any Stock Option Grant: no stock options have been granted. At the end of the third month of engagement, the Company and ProCounsel may negotiate an option and further disclosure will be provided at that time, if applicable.

3. TSXV Acceptance: The investor relations engagement of Proconsul Capital Ltd. is subject to acceptance by the TSXV Exchange.

The Company confirms that it is in compliance with TSXV Policy 3.4 regarding investor relations, promotional, and market-making activities.

ABOUT HEMOSTEMIX

Hemostemix is an autologous stem cell therapy company, founded in 2003. A winner of the World Economic Forum Technology Pioneer Award, the Company has developed, patented, and is scaling a patient's blood-based stem cell therapeutics platform that includes angiogenic cell precursors, neuronal cell precursor and cardiomyocyte cell precursors. For more information, please visit www.hemostemix.com.

For further information, please contact: Thomas Smeenk, President, CEO & Co-Founder
EM: tsmeenk@hemostemix.com PH: 905-580-4170

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined under the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. In particular, this news release contains forward-looking information in relation to: the engagement of Oak Hill Financial, the sales of ACP-01 as an exempt compassionate treatment, the licensing of ACP-01, the Trademark Know Your Health! and related results, including the commercialization of ACP-01. ‎‎There can be no assurance that such forward-looking information will prove to be accurate. Actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects Hemostemix's current beliefs and is based on information currently available to Hemostemix and on assumptions Hemostemix believes are reasonable. These assumptions include, but are not limited to: the underlying value of Hemostemix and its Common Shares; the successful resolution of the litigation that Hemostemix is pursuing or defending (the "Litigation"); the results of ACP-01 research, trials, studies and analyses, including the analysis being equivalent to or better than previous research, trials or studies; the receipt of all required regulatory ‎approvals for research, trials or studies; the level of activity, market acceptance and market trends in the healthcare sector; the ‎economy generally; consumer ‎interest in Hemostemix's services and products; competition and ‎Hemostemix's competitive advantages; and Hemostemix obtaining satisfactory financing to ‎ fund Hemostemix's operations including any research, trials or studies, and any Litigation. Forward-looking information is Subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Hemostemix to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the ability of Hemostemix to complete clinical trials, complete a satisfactory analyses and file the results of such analyses to gain regulatory approval of a phase II or phase III clinical trial of ACP-01; potential litigation Hemostemis mayface; general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations including the actual results of future research, trials or studies; competition; changes in legislation ‎affecting Hemostemix; the timing and availability of external financing on acceptable terms; long-term capital requirements and future developments in Hemostemix's markets and the markets in which it expects to compete;‎ lack of qualified, skilled labour or loss of key individuals; and risks ‎related to the COVID-19 pandemic including various recommendations, orders and measures of governmental authorities to ‎try to limit the pandemic, including travel restrictions, border closures, non-essential business closures service disruptions, quarantines, self-isolations, shelters-in-place and social distancing, disruptions to markets, disruptions to economic activity and ‎financings, disruptions to supply chains and sales channels, and a deterioration of general economic conditions including a ‎possible national or global recession or depression;the potential impact that the COVID-19 pandemic may have on Hemostemix which may include a decreased demand for the services that Hemostemix offers; and a deterioration of financial markets that could limit Hemostemix's ability to obtain external financing. A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in Hemostemix's disclosure documents on the SEDAR website at www.sedar.com. Although Hemostemix has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Hemostemix as of the date of this news release and, accordingly, it is Subject to change after such date. However, Hemostemix expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240909

FAQ

What are the terms of Hemostemix's (HMTXF) investor relations agreement with Proconsul Capital?

Proconsul Capital will provide investor relations and market awareness services to Hemostemix for $6,000 per month on a month-to-month basis, starting February 6, 2025.

Has Hemostemix (HMTXF) granted stock options to Proconsul Capital as part of their agreement?

No stock options have been granted initially, but the company may negotiate options with Proconsul Capital after three months of engagement.

When did Hemostemix (HMTXF) engage Proconsul Capital for investor relations services?

Hemostemix engaged Proconsul Capital for investor relations services on February 6, 2025.

Does the TSXV Exchange need to approve Hemostemix's (HMTXF) engagement with Proconsul Capital?

Yes, the investor relations engagement with Proconsul Capital is subject to acceptance by the TSX Venture Exchange.