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Restart Life Closes Over-Subscribed Second Tranche Financing

MWN-AI** Summary

Restart Life Sciences Corp. (CSE: HEAL) has successfully closed the over-subscribed second tranche of its non-brokered private placement, raising gross proceeds of CDN$630,000. This follows the company's earlier news releases dated November 12 and December 5, 2025, where it aimed to raise a total of CDN$1,000,000. The overwhelming interest in the company's initiatives allowed it to surpass its goal, culminating in total fundraising of CDN$1,130,000 across both tranches.

In the second tranche, Restart Life issued 6,300,000 units at a price of CDN$0.10 per unit, with each unit consisting of one common share and one transferable common share purchase warrant. These warrants allow holders to purchase additional shares at the same price for a duration of one year. Furthermore, the company distributed 132,000 non-transferable finder warrants to arm's-length finders, which also entitle holders to purchase common shares at CDN$0.10 per share for one year.

The proceeds from this private placement are earmarked for health food trials, potential acquisitions, and general working capital requirements. All securities issued are under a hold period that will expire on April 18, 2026.

Restart Life Sciences is a Canadian-based life sciences company focused on innovative health solutions. Investors and interested parties can find more information on the company's website. The release includes forward-looking statements highlighting the inherent uncertainties and risks associated with the company's anticipated results and performance. The Canadian Securities Exchange does not take responsibility for the accuracy of the information contained in the announcement.

MWN-AI** Analysis

Restart Life Sciences Corp. (CSE: HEAL) has recently completed an over-subscribed second tranche of its financing, raising a total of CDN$630,000, further boosting its overall funds from this offering to CDN$1,130,000. This increased capital is a positive indicator of market confidence in the company’s growth potential, especially as it pertains to health food trials and potential acquisitions.

The company issued 6,300,000 units at CDN$0.10 each, with additional warrants that provide an opportunity for investors to purchase more shares at the same price within the next year. The oversubscription suggests that there is significant interest and trust in Restart Life’s strategic direction and operational plans. With the proceeds earmarked for health food trials, acquisitions, and working capital, Restart Life seems well-positioned to take advantage of the burgeoning health and wellness market.

From an investment perspective, the current pricing structure around CDN$0.10 provides a potentially attractive entry point, especially considering the warranted opportunity to purchase at the same level later. However, the lock-up period until April 18, 2026, for the common shares should be taken into account by potential investors, as it may create temporary price volatility when shares are released back to the market.

Given the increasing awareness and demand for health solutions, Restart Life's strategic investments can yield a favorable return. Nevertheless, investors should remain cautious and conduct thorough due diligence, taking into account any risks associated with early-stage life sciences ventures. Analyzing the company's performance metrics and market positioning over the coming months will be crucial for assessing the sustainability of its growth trajectory. Overall, Restart Life presents a compelling investment opportunity within the life sciences sector, but careful monitoring of market conditions and company developments will be essential.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Newsfile

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Restart Life Sciences Corp. (CSE: HEAL) (FSE: HN30) (OTC Pink: NMLSF) ("Restart Life" or the "Company") announces that further to its news release dated November 12, 2025 and December 5, 2025, the Company has closed the over-subscribed second tranche of its non-brokered private placement for total gross proceeds of CDN$630,000 (the "Placement"). As announced on November 12, 2025, the company intended to raise a total of up to CDN$1,000,000 however due to overwhelming interest in the company's objectives, the company has raised a total of CDN$1,130,000 in two tranches.

Pursuant to the Second Tranche of the Private Placement, the Company has allotted and issued 6,300,000 units (the "Units") at a price of CDN$0.10 per Unit. Each Unit consists of one common share and one transferable common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder to purchase one additional common share for a period of one (1) year at a price of CDN$0.10 per common share.

In connection with the Placement, the Company issued 132,000 non-transferable finder warrants (each, a "Finder Warrant") to certain eligible arm's-length finders who introduced subscribers to the Placement. Each Finder Warrant entitles the holder to purchase one common share for a period of one (1) year at a price of CDN$0.10 per common share.

The Company intends to use the proceeds from the Offering towards health food trials, potential acquisitions, and general working capital. All securities issued under the Placement are subject to a hold period of four months and one day expiring on April 18, 2026.

About Restart Life Sciences Corp.
Restart Life Sciences Corp. is a Canadian-based life sciences company listed on the CSE. For more information about Restart Life, please visit the Company's website at www.restartlife.co.

On behalf of the Board of Directors
Steve Loutskou
Chief Executive Officer, Restart Life Sciences Corp.
Tel: +1 (778) 819-0244
Email: hello@restartlife.co

Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Restart Life Sciences' actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such 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.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278447

FAQ**

How has the oversubscription of Restart Life Sciences Corp.'s private placement impacted investor confidence in the company's plans for health food trials and acquisitions within the Vancouver market?

The oversubscription of Restart Life Sciences Corp.'s private placement has significantly bolstered investor confidence in the company's health food trials and acquisitions within the Vancouver market, signaling strong market interest and trust in its strategic direction.

What specific health food trials does Restart Life Sciences Corp. plan to conduct with the proceeds from its CDN$1,130,000 private placement, and how do they align with the goals of Nova Mentis Life Science Corp NMLSF?

Restart Life Sciences Corp. plans to conduct health food trials focused on cognitive and metabolic health, aligning with Nova Mentis Life Science Corp's goals of developing innovative therapies for mental wellness and overall health improvement.

In what ways might the successful fundraising of Restart Life Sciences Corp. influence the broader life sciences investment landscape in Vancouver, particularly for companies like Nova Mentis Life Science Corp NMLSF?

The successful fundraising of Restart Life Sciences Corp. could enhance investor confidence, attract new capital, and create a more vibrant ecosystem, ultimately benefiting companies like Nova Mentis Life Science Corp by potentially increasing collaboration and investment in the sector.

What risks and opportunities does the Vancouver market present for Restart Life Sciences Corp. in light of their recent funding success and future initiatives related to health food innovations?

The Vancouver market offers Restart Life Sciences Corp. opportunities for growth in health food innovations due to its health-conscious population and supportive ecosystem, but also presents risks from competition and regulatory challenges in the evolving food industry.

**MWN-AI FAQ is based on asking OpenAI questions about Nova Mentis Life Science Corp (OTC: NMLSF).

Nova Mentis Life Science Corp

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