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*Medexus Pharmaceuticals Inc. 
Listed Company 

MEDEXUS PHARMACEUTICALS INC. ("MDP")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 31, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 533,137 common shares at a deemed price of $2.3634 per share to satisfy the interest obligation owed to debenture holders in the amount of $1,260,000 due on March 31, 2020.

Number of Creditors: 16 Creditors

Insider / Pro Group Participation:

Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Stephen William Nelson Y $7,500 $2.3634 3,173

Warrants: None

The Company issued a news release disclosing the terms of payment on March 23, 2020.

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