Update regarding the Option Agreement for the Dory Property and the Change of Business

929 Mainland Street

Vancouver, BC V6B 1S3

Phone

Fax

(604) 928-8913

(604) 628-0129

Email [email protected]

Website www.lexston.ca

For Immediate Release

Update regarding the Option Agreement for the Dory Property and the Change of Business

Vancouver, British Columbia, February 24 , 2023. Lexston Life Sciences Corp. (the

“Company”) (CSE: LEXT) (OTC: LEXTF) provides an update on the Dory Property Option

Agreement dated January 18, 2023 and the change of business announced by the Company’s news

release dated January 18, 2023.

The Company is in the process of completing National Instrument 43-101 Technical Report on the

Dory Property located in British Columbia. The Company expects to have the completed technical

report within approximately four to eight weeks.

Trading of the Company’s common shares on the Canadian Securities Exchange (the “CSE”) will

be halted and will remain halted until the documentation required by the Exchange, including the

technical report, are filed and accepted.

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.