Mr. Sam Kanes reports

BLUEOCEAN NUTRASCIENCES INC. UPDATES CHANGES TO MANAGEMENT AND ANNOUNCES SHARES FOR SERVICES AGREEMENT

Blueocean Nutrasciences Inc. has provided an update to its press release dated Nov. 30, 2017. In that release, the company announced the resignation of Stephen Gledhill as chief financial officer of Blueocean. During the transition period since the announcement, Mr. Gledhill has been assisting Blueocean with continuing company matters. In this regard, the company hereby announces that it has come to an agreement with Mr. Gledhill to reassume the role of chief financial officer, effective immediately. Mr. Gledhill's appointment is subject to TSX Venture Exchange approval.

In addition to his reappointment, to assist the company with reducing cash expenses, Mr. Gledhill has agreed to accept a portion of his remuneration in the form of common shares of the company for a term of one year. Subject to TSX-V approval, Mr. Gledhill will be issued an aggregate of $2,000 per month in shares, which will constitute a related party transaction within the meaning of TSX-V Policy 5.9, which incorporates Multilateral Instrument 61-101. The company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101.

During the period from January to December, 2018, the company will make monthly applications to the TSX-V for the issuance of the shares at a price determined after the date of completion of each month's services and subject to the TSX-V's Policy 4.3, Shares for Debt. As Mr. Gledhill will be the company's chief financial officer when the shares are issued, the shares will be issued with a mandatory four-month-plus-one-day hold period.

About Blueocean NutraSciences Inc.

Blueocean is a Canadian publicly listed company whose mission is to develop sustainable products and services from natural sources to improve the lives of its customers. Going forward, the company's sole focus is commercializing its patent-protected carbon dioxide gas infusion technology licence and USPTO (United States Patent and Trademark Office) carbon dioxide foliar spray, patent pending, for accelerating both indoor and outdoor plant growth.

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