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Restart Life Sciences Corp (2)
Symbol HEAL
Shares Issued 59,252,354
Close 2026-05-07 C$ 0.095
Market Cap C$ 5,628,974
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Restart Life launches purchase order financing plan

2026-05-08 16:57 ET - News Release

Mr. Steve Loutskou reports

RESTART LIFE SCIENCES ANNOUNCES DEDICATED PURCHASE ORDER FINANCING THROUGH PRIVATE PLACEMENT OFFERING

Restart Life Sciences Corp. has agreed to a purchase order (PO) financing arrangement that will establish a revolving source of dedicated capital to support the sourcing, manufacturing and fulfilment activities of its wholly owned subsidiary, Holy Crap Foods Inc. The financing will be offered as a non-brokered private placement of up to 833,333 units in the capital of the company at a price of 12 cents per unit for aggregate gross proceeds of up to $100,000.

Holy Crap's operations are well financed as the company continues to advance the brand's growth and scalability. As part of the company's strategy to support increased sales and production, the company is establishing a dedicated source of capital to enable uninterrupted manufacturing while the company executes its growth model. With this financing in place, the team can move forward unencumbered in its revenue-generating strategy as it enters the busy summer sales season.

In the consumer packaged goods (CPG) industry, production costs, including raw ingredients, packaging and labour are incurred upfront, while retailer and wholesaler payment terms for finished goods can range from 60 to 180 days. This extended payment cycle can tie up capital for a significant period and place pressure on cash flow during the manufacturing process before funds can be redeployed into future order fulfilment. To address this common barrier faced by growing companies, the company is implementing a revolving source of dedicated capital designed to support continuing production and order fulfilment, thereby eliminating a key barrier to growth.

The funds will provide the necessary upfront capital to fulfill purchase orders, allowing the company to preserve its operating capital for growth initiatives and operations. Once a purchase order is fulfilled and payment is received, the proceeds are returned to the account and recycled into future orders. This creates a consistent capital base to support continuing growth without the need for additional financing, which can often strain manufacturers during prolonged periods of increased demand and production growth.

Restart Life is just beginning its growth trajectory with Holy Crap. New retail and e-commerce avenues are being added to the roster monthly. Recent milestones include:

  • Amazon Canada: expansion of available SKUs (stock-keeping units);
  • Walmart.ca: successful launch of first SKU on the marketplace;
  • New protein SKU under development.

Management has intentionally calibrated this financing to be lean, ensuring capital requirements are not extended beyond what is necessary for the current and forecasted PO cycles to avoid unnecessary dilution. The company intends to add additional capital to this PO fund as needed to support increased production cycles.

Terms of the offering

Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for a period of two years at a price of 15 cents per common share. The company intends to use the proceeds from the offering toward purchase orders and related working capital. Finders' fees may be payable in accordance with the policies of the Canadian Securities Exchange (the CSE). All securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from the date of issuance.

Restart Life Sciences would like to thank its shareholders for their continuing support as the company advances its mission and continues to execute on its strategy.

About Restart Life Sciences Corp.

Restart Life Sciences is a Canadian-based life sciences company listed on the CSE.

About Holy Crap Foods Inc.

Holy Crap Superseed Cereal and Holy Crap Superseed Oatmeal are premium functional food brands offering nutrient-dense, clean-label products made with simple, high-quality ingredients. Based in Gibsons, B.C., the brand has built a loyal and growing customer base across Canada, driven by strong consumer trust and repeat purchases.

Positioned within the fast-growing gut health and wellness category, Holy Crap's gluten-free, non-GMO (genetically modified organism), high-fibre products support digestive health and sustained energy, while gaining traction as a trusted, everyday solution for health-conscious consumers.

We seek Safe Harbor.

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