Beleave Confirms Receipt of Commitments to Fulfill $5,000,000 Private Placement

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Beleave Inc. (CSE: BE; OTCQX: BLEVF) in reference to its previously announced Non-Brokered Private Placement dated April 24, 2018, (the "Non-Brokered Offering") is pleased to announce that it has received binding commitments for total proceeds of $5,000,000 at a price of $1.75 per unit. Subject to customary closing conditions, including CSE approval, the Non-Brokered Offering is now expected to close on or about April 26, 2018.

"The company is pleased to welcome a new group of investors, bolster the treasury and add to the companies working capital for future endeavours," commented Beleave CEO Andrew Wnek.

Each unit is comprised of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at an exercise price of $2.25 for a period of 24 months from the date of issuance of the Warrant, subject to accelerated expiry in the event that the ten-day volume weighted average price of the Common Shares on the Canadian Securities Exchange (the "CSE"), or other exchange or quotation system where the Company's shares are listed and where a majority of the trading volume of the Common Shares occurs, equals or exceeds $3.00.

About Beleave
Beleave Inc. is a biotech company and Beleave's wholly-owned subsidiary Beleave Kannabis Corp. (formerly First Access Medical Inc.) is a licensed producer pursuant to the ACMPR. Beleave's purpose-built facility is located near Hamilton, Ontario.

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Companies

Symbol Name Price Change % Volume
BLEVF Beleave Inc 1.13 -0.01 -0.96 88,779

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