UNIVERSAL IBOGAINE RETAINS SHAYNE NYQUVEST AS CAPITAL MARKETS ADVISOR

CALGARY, AB, April 29, 2022 /PRNewswire/ – Universal Ibogaine Inc. (TSXV: IBO) (OTCQB: IBOGF) (FSE: JC4) (“UI” or the “Firm“) a lifetime sciences organization with a mission to acquire and deliver medicalized ibogaine-centered dependancy care, advises that it has retained Mr. Shayne Nyquvest in a consulting part as Capital Marketplaces Advisor.

Mr. Nyquvest has intensive funds marketplaces practical experience, with more than 40 a long time involvement in aiding companies strategic fund-increasing routines, in the mining, hashish and other rising industries. He served as the former Executive Vice-President of investment banking agency Mackie Analysis Capital (in which he labored from June 2015 to July 2018) and a was founding member of Canaccord Genuity Group, where he labored as a Senior Expense Advisor from 1993 to 2013.

Mr. Nyquvest co-established UI in early 2018, immediately after individually observing the transformational results and possible of ibogaine and was associated in UI’s early-stage improvement till mid-2021. His eyesight has been to see this impressive, plant-based mostly procedure adopted by the mainstream healthcare group as a alternative to aiding break the opioid epidemic and other addictions.

Nick Karos, UI CEO mentioned “we are pleased to have Shayne re-engaged in our strategic, organization growth goals. He has an intensive network in the investment community and was instrumental in UI’s early-stage financing and investigation actions. We continue on to advance our prepared Well being Canada medical trials application for the use of ibogaine in opioid use problem and anticipate to supply additional updates on this in the in close proximity to long run.”

About Universal Ibogaine Inc.

UI is a existence sciences business, with a mission to demonstrate the security and efficacy of its ibogaine centered drug detox protocol through a prepared Canadian Scientific Trial (targeted on opioid use condition), and eventually to utilize that protocol close to the globe via prepared foreseeable future licensing agreements. UI is concurrently producing a condition of the art holistic habit therapy protocol at its Kelburn Recovery Centre that, when paired with the planned ibogaine detox protocol, is intended to revolutionize the way we deal with habit and considerably enhance the lives of people today and family members afflicted by dependancy.

NEITHER THE TSX Undertaking Trade NOR ITS REGULATION Companies Company (AS THAT Time period IS Outlined IN THE Guidelines OF THE TSX Undertaking Exchange) ACCEPTS Obligation FOR THE ADEQUACY OR Precision OF THIS Release.

CAUTIONARY Assertion Regarding Ahead-On the lookout STATEMENTS

‎This news release might include forward-on the lookout statements and details. Forward-hunting facts is regularly characterized by phrases such ‎as “programs”, “hope”, “venture”, “intend”, “will”, “feel”, “foresee”, “estimate”, “scheduled”, ‎‎”possible”, or other related words, or statements that sure occasions or disorders “may possibly”, “should” or ‎‎”could” come about. The ahead-searching statements and details are primarily based on specific important anticipations ‎and assumptions made by UI. Even though UI thinks that the expectations and assumptions on which the ahead-‎looking statements are based mostly are reasonable, undue reliance should really not be put on the forward-‎looking statements mainly because UI can give no assurance that they will verify to be correct.

Because ‎forward-searching statements address long term activities and circumstances, by their quite character they entail ‎inherent pitfalls and uncertainties. Actual effects could vary materially from these at the moment expected ‎due to a quantity of factors and hazards, which involve, but are not constrained to, dangers that demanded ‎regulatory approvals are not received. The reader is cautioned that assumptions made use of in the ‎preparation of this sort of information, whilst regarded as sensible by UI at the time of ‎preparation, might confirm to be incorrect and visitors are cautioned not to area undue reliance on ‎forward-searching information, which speaks only to problems as of the day hereof. UI does not ‎undertake any obligation to release publicly any revisions to forward-wanting information and facts contained ‎herein to mirror events or circumstances that take place after the day hereof or to replicate the event ‎of unanticipated gatherings, other than as might be needed under applicable securities rules. ‎

See first content to down load multimedia:https://www.prnewswire.com/news-releases/universal-ibogaine-retains-shayne-nyquvest-as-cash-markets-advisor-301536451.html