Resverlogix Provides Update Regarding Extension of its Filing Calendar

Resverlogix Corp. announces that further to its September 11, 2020, it continues to expect to file its interim financial statements and related MD&A for the three months ended July 31, 2020 (the “Interim Filings”) on or about October 5, 2020.

The Company confirms that the management cease trade order (“MCTO”), that the Company previously announced it was seeking, was granted by its principal regulator, the Alberta Securities Commission, in connection with the late filing of the Interim Filings. The MCTO prohibits the Chief Executive Officer and the Chief Financial Officer of the Company from trading in securities of the Company until the Interim Filings are filed and the MCTO is revoked, but does not affect the ability of other investors to trade in the Company’s securities.

Resverlogix also confirms there have been no undisclosed material business developments, since its most recent news release on September 11, 2020 regarding the status of its continuous disclosure filings, that have not been otherwise disclosed by Resverlogix by way of news release.

About Resverlogix

Resverlogix is developing apabetalone (RVX-208), a first-in-class, small molecule that is a selective BET (bromodomain and extra-terminal) inhibitor. Apabetalone is the first therapy of its kind to have been granted US FDA Breakthrough Therapy Designation – for a major cardiovascular indication – to help facilitate a time-efficient drug development program including planned clinical trials and plans for expediting the manufacturing development strategy.

BET inhibition is an epigenetic mechanism that can regulate disease-causing genes. Apabetalone is a BET inhibitor selective for the second bromodomain (BD2) within the BET proteins. This selective inhibition of apabetalone on BD2 produces a specific set of biological effects with potentially important benefits for patients with high-risk cardiovascular disease, diabetes mellitus, chronic kidney disease, end-stage renal disease treated with hemodialysis, neurodegenerative disease, Fabry disease, peripheral artery disease and other orphan diseases, while maintaining a well described safety profile.

For further information please contact:

Investor Relations
Email: ir@resverlogix.com
Phone: 403-254-9252
Or visit our website: www.resverlogix.com