Defence Therapeutics Announces Warrant Terms Amendment

Date:

Vancouver, British Columbia–(Newsfile Corp. – April 5, 2024) – Defence Therapeutics Inc. (CSE: DTC) (OTCQB: DTCFF) (FSE: DTC) (“Defence” or the “Company“), one of the leading Canadian biotechnology companies working in the field of immune-oncology, announces an amendment to the terms of 1,497,780 Class A Common share purchase warrants (the “Warrants“) originally issued as part of a private placement closed on November 16, 2022. The expiry date will be extended by 12 months and the exercise price will be repriced at $1.75 per Class A Common share, as follows:

Number of Warrants:

Original Expiry Date of Warrants:

New Expiry Date of Warrants:

Original Exercise Price of Warrants:

New Exercise Price of Warrants:

1,497,780

November 16, 2024

November 16, 2025

$2.50

$1.75

All other terms of the Warrants will remain unchanged. In accordance with the requirements of the CSE, the terms of any warrants issued as compensation warrants or as finder…

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