Royal Lifescience Corp. Terminates Qualifying Transaction

ROYAL LIFESCIENCE CORP.

1780 – 400 Burrard Street

Vancouver, British Columbia V6B 3K1

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Royal Lifescience Corp. Terminates Qualifying Transaction

September 21, 2017 TSX Venture Exchange

Trading Symbol: RLS.H

Vancouver, BC – Royal Lifescience Corp. (NEX: “RLS.H”) (the "Company"), a capital pool company

pursuant to Policy 2.4 of the TSX Venture Exchange (the “TSXV”), announces that it s letter of intent

with Slave Lake Zinc Corp. announced on July 14, 2017 (the “LOI”) automatically terminated as the

parties had not entered into a definitive agreement by August 15, 2017, being the date set out in the LOI .

The Company chose not to extend the LOI and to seek to identify a new potential Qualifying Transaction,

due to a variety of factors, including the continued weakness in junior equity markets.

The Company will continue to pursue other opportunities with a view to completing a Qualifying

Transaction under the CPC policy of the TSXV.

The common shares of the Company are expected to resume trading on the NEX board of the TSXV upon

receiving TSXV approval.

About the Company

The Company is designated as a Capital Pool Company by the Exchange. The Company has not commenced

commercial operations and has no assets other than cash. The only business of the Company is the identification and

evaluation of assets or businesses with a view to completing a "Qualifying Transaction" in accordance with

Exchange Policy 2.4 - Capital Pool Companies.

On behalf of the Board of Directors

Minaz Dhanani

Chief Executive Officer, Chief Financial Officer, Director

For further information please contact:

Minaz Dhanani

Telephone: (604) 783-7361

Neither the TSX Venture Exchange not its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

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