Calgary, AB – TheNewswire – June 13, 2022 – Universal Ibogaine Inc. (TSXV: IBO), (OTC: IBOGF) and (FSE:JC4) (“user interface“or the”Company” >digital blue”) for assistance in raising awareness of UI’s business activities.
Blue Digital will provide an extension distributing the UI story across multiple channels and audiences. The expected outcome is increased awareness of IU research projects on the use of ibogaine as part of the delivery of a continuum of care addressing opioid abuse and other addictions.
Blue Digital will receive compensation of US$27,000 for a 3-month engagement commencing June 13, 2022. In addition, Blue Digital will receive a total of 450,000 options to purchase common stock of the Company, with a price of exercise of $0.10 per share, a 3-year term until expiration, and vesting for one-third at the end of each month of the service term.
Nick Karos, Managing Director of UI, said, “We are delighted to have access to Blue Digital’s distribution channels, as their reach across borders will broaden our company’s awareness to new audiences. Addiction knows no borders, so the solution we seek must also be global in nature.
About Universal Ibogaine Inc.
UI 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 use this protocol globally through planned future license agreements.UI is simultaneously developing a state-of-the-art holistic addiction treatment protocol at its Kelburn Recovery Center which, when combined with the planned ibogaine detox protocol, aims to revolutionize the way we treat addiction. addiction and significantly improve the lives of individuals and families affected by addiction. .
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CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements and information. Forward-looking information is often characterized by words such as “plans”, “expects”, “projects”, “intends”, “will”, “believes”, “anticipates”, “estimates”, “expected”, “potential”, or other similar words, or statements that certain events or conditions “may”, “should” or “could” occur. Forward-looking statements and information are based on certain key expectations and assumptions made by UI. Although UI believes that the expectations and assumptions on which forward-looking statements are based are reasonable, undue reliance should not be placed on forward-looking statements, as UI cannot guarantee that they will prove to be accurate.
Because forward-looking statements address future events and conditions, they, by their very nature, involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including, but not limited to, the risks that required regulatory approvals may not be obtained. Readers are cautioned that the assumptions used in the preparation of this information, although believed to be reasonable by UI at the time of preparation, may prove to be incorrect and readers are cautioned not to place undue reliance on forward-looking information, which speaks only under the conditions in force on the date hereof. UI undertakes no obligation to publicly release any revisions to the forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unforeseen events, except as may be required in under applicable securities laws. .
For more information:
Investor Relations: Dugan Selkirk, IR Manager