Certain Warrants of Portage Biotech Inc. are subject to a Lock-Up Agreement Ending on 23-SEP-2021. These Warrants will be under lockup for 91 days starting from 24-JUN-2021 to 23-SEP-2021. Details: The company's officers and directors and significant shareholders have agreed, other than James Mellon, subject to certain specified exceptions, not to directly or indirectly, for a period of 90 days after the date of the underwriting agreement to sell, offer, contract or grant any option to sell, pledge, transfer, establish an open "put equivalent position" or otherwise dispose of, any of their ordinary shares, options or warrants to acquire ordinary shares, or securities exchangeable or exercisable for or convertible into ordinary shares currently or hereafter owned either of record or beneficially, enter into any swap, hedge or other agreement or transaction that transfers, in whole or in part, the economic consequence of ownership of the ordinary shares, or securities exchangeable or exercisable for or convertible into ordinary shares, or publicly announce an intention to do any of the foregoing for a period of 90 days after the date of this prospectus supplement without the prior written consent of the Representative.