Mr. Rembert de Villa reports

CARESPAN ANNOUNCES SHARES AND WARRANTS ISSUED WITH RESPECT TO DEBT SETTLEMENT

Further to Carespan Health Inc.'s news release dated April 27, 2023, it has issued 1,017,650 common shares in the capital of the company and 508,825 common share purchase warrants at a deemed issue price of 10 cents per common share to settle $101,765.00 in debt incurred by the company.

The company has issued the common shares and warrants to an arm's-length creditor in settlement and full satisfaction of the debt in the amount of $101,765.00, subject to the payment of $13,229.45 in cash from Carespan. Each warrant entitles the holder thereof to purchase one additional common share for a period of 60 months from the date of issue of the warrants at an exercise price of 15 cents per common share. The company issued the warrants on April 12, 2023, and the common shares on May 11, 2023.

All common shares and warrants issued pursuant to the debt settlement are subject to a statutory hold period of four months plus a day from the date of their issuance in accordance with applicable securities legislation.

About Carespan Health Inc.

Carespan is a health care technology and services company that has developed and deployed a unique, proprietary integrated digital care platform, the Carespan Clinic-in-the Cloud, that creates easy access to care for the underserved. With a patient-centric approach focused on improving health outcomes, Carespan uses sophisticated digital tools and capabilities to improve patient outcomes in primary care, chronic care, urgent care and mental health. In addition to the integrated digital care platform, Carespan has built and deployed a business support infrastructure for its professional networks, American-Advanced Practice Network and AmericanMedPsych Network. American-Advanced Practice Network harnesses the clinical capabilities of nurse practitioners to address the shortage in primary and chronic care in the country. American-MedPsych brings together providers to tackle shortages mainly in mental health.

We seek Safe Harbor.