Mr. Rembert de Villa reports

CARESPAN ANNOUNCES TSXV CONDITIONAL APPROVAL OF VENTURE WITH CHOPRAX TO LAUNCH CHOPRA WHOLE PERSON CARE AND RESUMPTION OF TRADING

The TSX Venture Exchange has conditionally approved Carespan Health Inc.'s proposed venture with ChopraX LLC, to set up a business of integrative care using the Carespan technology platform and operations. Pursuant to the definitive agreement dated Sept. 12, 2023, between the company and ChopraX, ChopraX will grant a licence to the company of its brand and certain of its assets to be utilized in the development and launch of the business, whereby the business will be part of the company and will operate under the name Chopra Whole Person Care, or such other name as the parties may decide.

On Sept. 12, 2023, the common shares of the company were halted pending review of the definitive agreement pursuant to exchange policy 5.3 -- Acquisitions and Dispositions of Non-Cash Assets, as the matters contemplated by the definitive agreement are considered to be a fundamental acquisition under Policy 5.3. In connection with the exchange's conditional approval dated Oct. 6, 2023, the exchange will lift the halt on trading of the common shares effective Oct. 12, 2023.

For additional details regarding the business and the definitive agreement, please refer to the aforementioned press releases and the copy of the definitive agreement filed on the company's SEDAR+ profile.

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. AmericanMedPsych brings together providers to tackle shortages, mainly in mental health.

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