Khiron Life Sciences Corp. announced that it has signed a definitive agreement for the acquisition of NettaGrowth International Inc., as previously announced on January 25, 2019. NettaGrowth will, at the time of the closing of the acquisition, own all of the outstanding shares of Dormul S.A. ("Dormul"), a Uruguayan company that has obtained the first licence to produce and export medical cannabis with THC for commercialization in Uruguay. As consideration for the acquisition of NettaGrowth, on closing, Khiron will issue 8,498,821 common shares to the shareholders of NettaGrowth at a deemed price of $1.61 per common share. In addition, Mr. Michael Beck, experienced capital markets professional and entrepreneur, and Mr. Joseph Mimran, experienced brand builder and entrepreneur, have agreed to join the board of Khiron and Khiron Colombia, respectively. The appointments are conditional upon the completion of the acquisition and subject to TSXV Venture Exchange Inc. approval.