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RUU.CN ·

Chemesis International Inc. Closes Private Placement

Financings

CHEMESIS INTERNATIONAL INC. CLOSES PRIVATE PLACEMENT

November 29, 2021 – Vancouver, BC – Chemesis International Inc. (the “Company”) (CSE: CSI, OTC

PINK: CADMF, FRA: CWAA), is pleased to announce that is has closed a non-brokered private placement

(the “Private Placement”) issuing an aggregate of 10,393,335 units (“Units”) at a price of $0.12 per Unit

for gross proceeds of $1,247,200. Each Unit consists of one common share in the capital of the Company

(“Share”) and one common share purchase warrant (“Warrant”) exercisable at $0.15 for 24 months from

the date of issuance into a n additional Share. Proceeds from the sale of the Units will be used for general

working capital.

All securities issued pursuant to the Private Placement are subject to a hold period under applicable

Canadian securities laws of four months and one day from the date of closing of the Private Placement.

The securities offered have not been registered under the United States Securities Act of 1933, as amended

(the "U.S. Securities Act"), or any state securities laws and may not be offered or sold absent registration

or compliance with an applicable exemption from the registratio n requirements of the U.S. Securities Act

and applicable state securities laws.

For further information, please contact Chemesis International Inc.

Investor Relations

[email protected]

1 (604) 398-3378

Forward Looking Statements: This press release contains "forward‐looking information" or "forward-

looking statements" within the meaning of Canadian securities laws, which may include, but are not limited

to statements relating to use of proceeds raised fr om the Private Placement an d the Company 's future

business plans. All statements in this release, other than statements of historical facts, that address events

or developments that the Company expects to occur, are forward -looking statements. Forward -looking

statements are statements that are not historical facts and are generally, but not always, identified by the

words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and

similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.

Although the Company believes the expectations expressed in such forward -looking statements are based

on reasonable assumptions, such statements are n ot guarantees of future performance and actual results

may differ from those in the forward -looking statements. Such forward -looking information reflects the

Company's views with respect to future events and is subject to risks, uncertainties and assumptio ns. The

Company does not undertake to update forward‐ looking statements or forward‐looking information, except

as required by law.

The CSE has neither approved nor disapproved the contents of this press release. Neither the CSE nor its

regulation services provider accepts responsibility for the adequacy or accuracy of this release.