CVR Medical Corp. has reached agreement with joint venture partner CVR Global to acquire CVR Global's 50% interest in the joint venture and terminate the joint venture (the "Transaction"). The Agreement has been approved by the Board of Directors for both organizations and is now subject to the approval of CVR Medical's shareholders and (inclusive of all proposed share issuances) the TSX Venture Exchange ("TSXV"). The move from the joint venture partnership currently in place to this next structural phase, is a signal of confidence that CVR Medical is in position to successfully guide the finalization of developmental phases and seamlessly transition into marketing and sales of the CSS once market clearance/approval is received. The Agreement will allow for the continued sharing of risk and reward with the issuance of 30MM additional shares, to be released to CVR Global upon successfully achieving four key future milestones. This new arrangement will also leverage CVR Global's R&D efforts to include any improvements on all future medical devices related to CVR Medicals existing scope of use, Carotid Arterial Health, as well as any improvements to all related IP. Upon completion of all mutually agreed upon milestones, CVR Global will become CVR Medical's largest individual shareholder.