File: '\\swfile\EmailIn\20240419 143451 Attachment 2024-04-19 - Health Logic NR - Share Consolidation.docx'

1406-3920-0267, v. 1

Health Logic Interactive Announces Share Consolidation

CALGARY, AB, April 19, 2024 - Health Logic Interactive Inc. (the "Company") (TSXV: CHIP.H) (OTCPK: CHYPF) announces that it intends to undertake a consolidation (the "Consolidation") of its outstanding common shares (the "Shares") on the basis of one (1) post-Consolidation Share for every four (4) pre-Consolidation Shares. The Consolidation has been approved by the directors of the Company, in accordance with the Articles of the Company and is subject to approval from the TSX Venture Exchange (the "TSXV"). The effective date of the Consolidation will be confirmed at a future time, following receipt of approval from the TSXV. The Company believes that the Consolidation will increase its flexibility and competitiveness in the marketplace.

There will be no change to the Company's ticker symbol in connection with the Consolidation. As of the date of this news release, the Company has 6,724,205 Shares issued and outstanding. Following completion of the Consolidation, the Company is expected to have approximately 1,681,051 Shares issued and outstanding. No fractional shares will be issued pursuant to the Consolidation and any fractions will be rounded to the nearest whole number. The exercise price and number of Shares issuable upon the exercise of the Company's outstanding options and warrants will also be proportionally adjusted upon completion of the Consolidation.

About Health Logic Interactive Inc.

Health Logic is a public company, listed on the NEX board of the TSX Venture Exchange. Health Logic is engaged in the search for new assets to develop.

Further information regarding Health Logic and its disclosure documents are available on the Company's profile at www.sedarplus.ca.

Disclaimer and Cautionary Notes

Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, are forward-looking statements including statements related to the anticipated Consolidation and the timing thereof as well as the Company's intention to search for new assets to develop. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

Harrison Ross, CEO, (778) 870-5051, harrison@healthlogicinteractive.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.