FendX Provides Corporate Update

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Summary

The shares issued pursuant to the share for debt transaction are subject to a hold period expiring four months and one day from the date of issuance, in accordance with applicable securities laws.FendX is a Canada-based nanotechnology company focused on developing products to make peoples lives safer by reducing the spread of pathogens. The Company is conducting research and development activities using its nanotechnology in collaboration with industry-leading partners, including McMaster University. The Company has exclusive worldwide licenses to its technology and IP portfolio from McMaster, which encompass both film and spray coating nanotechnology formulations.ON BEHALF OF THE COMPANYFor more information, please visit https://fendxtech.com/ and the Companys profile on SEDAR+ at www.sedarplus.ca.Neither the Canadian Securities Exchange nor the 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.This news release contains certain forward-looking statements within the meaning of Canadian securities legislation, including with respect to: the plans of the Company; and products under development and any pathogen reduction benefits related thereto. Consequently, there can be no assurances that such statements will prove to be accurate and that actual results and future events could differ materially from those anticipated in such statements.Important factors that could cause future results to differ materially from those anticipated in these forward-looking statements include: product candidates only being in formulation/reformulation stages; limited operating history; research and development activities; dependence on collaborative partners, licensors and others; effect of general economic and political conditions; and other risk factors set forth in the Companys public filings which are available on SEDAR+ at www.sedarplus.ca. Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if managements beliefs, estimates or opinions, or other factors should change.NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/248822

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