Mr. Nick Karos reports

UNIVERSAL IBOGAINE ENGAGES MIKE "ZAPPY" ZAPOLIN AS A STRATEGIC ADVISOR

Universal Ibogaine Inc. has engaged and retained Mike (Zappy) Zapolin as a strategic and business development adviser.

Mr. Zapolin is a well-known United States-based futurist, entrepreneur and award-winning filmmaker who is considered one of the foremost experts in psychedelic therapies and companies. He is the director behind the award-winning film documentaries The Reality of Truth and Lamar Odom: Reborn, both of which focus on ibogaine as a solution for the addiction epidemic. He began his career on Wall Street, where he became the youngest vice-president in the history of the investment bank Bear Stearns. He has been spotting massive trends for decades, such as Internet domain names, legal cannabidiol and cannabis, and now the burgeoning psychedelic economy.

Nick Karos, Universal Ibogaine chief executive officer, noted, "We are pleased that Zappy is keen to be involved in aiding us in our mission to further research into the use of ibogaine in addiction treatment care, and specifically, to advance awareness of the benefits of ibogaine and ultimately to have it utilized in our planned clinical trial with Health Canada."

About Universal Ibogaine Inc.

Universal Ibogaine is a life sciences company, with a mission to transform addiction treatment using medicalized ibogaine through a planned Canadian clinical trial focused on opioid use disorder, and ultimately to utilize that treatment protocol globally through planned future licensing agreements.

Universal Ibogaine is concurrently developing a state-of-the-art holistic addiction treatment protocol at its Kelburn Recovery Centre (located near Winnipeg, Man.) that, when paired with the planned ibogaine detox protocol, is intended to revolutionize the way people treat addiction and drastically improve the lives of individuals and families affected by addiction.

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