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RISE Life Science Corp. Announces Closing of Non-Brokered Financing RISE or the Company ) announces that it has closed the final tranche of its previously announced non-brokered private placement offering of subscription receipts for gross proceeds of USD$621,000 through this issuance of 621 subscription receipts (the Subscription Receipts ) at a price of USD$1,000 per Subscription Receipt (the Offering ). The gross proceeds of the Offering (the Escrowed Proceeds ) are being held in escrow on behalf of the subscribers of the Subscription Receipts by an escrow agent, (the Escrow Agent ), pursuant to the terms of a subscription receipt agreement (the Subscription Receipt Agreement ) dated March 4, 2021 between the Company and the Escrow Agent. Each Subscription Receipt will be automatically converted, without payment of any additional consideration and without further action on the part of the holder thereof, into units (the

United statesUnited kingdomScott secordNewsfile corpLife science corpBritannia bud canada holdings incUnits of the companyBritannia life sciencesSubscription receiptSubscription receiptsEach subscription receiptSubscription receipt agreementTermination eventBritannia bud canada holdingsEscrow proceedsEscrow release conditions