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Canadian International Pharma Corp. Announces Effective Date of Share Consolidation

Corporate Actions

CANADIAN INTERNATIONAL PHARMA CORP.

Trading symbol: TSX-V – NEX: CIP.H

Canadian International Pharma Corp. Announces Effective Date of Share Consolidation

Vancouver, British Columbia – October 27, 2020 – Canadian International Pharma Corp. (the

“Company”) announces that, further to the news releases of August 21, 2020 and October 6, 2020, the TSX

Venture Exchange has approved th e consolidation of the common shares of the Company (each, a

“Share”) on the basis of ten (10) pre-consolidatio n Shares for one (1) post-consolidation Share

(the “Consolidation”). The Consolidation will become effective at the opening of the market on October

28, 2020. The Company’s symbol will remain as “CIP.H”.

For further information, contact Douglas L. Mason at 604.922.2030

CANADIAN INTERNATIONAL PHARMA CORP.

“Ron Schmitz”

Ron Schmitz, Director

Neither the TSX Venture Exchange nor it s Regulation Services Provider (as that term is defined in policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.