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Bioasis Announces Filing of Its Quarterly Financial Statements and MD&A for the Period Ending May 31, 2018

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BIOASIS
TECHNOLOGIES INC
. (OTCQB:BIOAF, TSX.V:BTI)), a biopharmaceutical
company developing its xB3 TM proprietary platform technology
for the delivery of therapeutics across the blood-brain barrier (BBB)
and the treatment of CNS disorders in areas of high unmet medical need,
including brain cancers and neurodegenerative diseases, today announced
that it has filed its unaudited quarterly financial statements and
management's discussion and analysis for the period ended May 31, 2018.
All are available under the Company's profile on SEDAR at www.sedar.com
and on the Company's website at www.bioasis.us/investors/.

On behalf of the Board of Directors of Bioasis Technologies Inc.

Mark Day, Ph.D., Director and President & Chief Executive Officer

About Bioasis

Bioasis Technologies, Inc. is a biopharmaceutical company developing the
xB3 TM platform, a proprietary technology for the delivery of
therapeutics across the blood-brain barrier (BBB) and the treatment of
CNS disorders in areas of high unmet medical need, including brain
cancers and neurodegenerative diseases. The delivery of therapeutics
across the BBB represents the final frontier in treating neurological
disorders. The in-house development programs at Bioasis are designed to
develop symptomatic and disease-modifying treatments for brain-related
diseases and disorders. The company maintains headquarters in Richmond,
Canada with offices in Guilford, Conn., United States. Bioasis trades on
the TSX Venture Exchange under the symbol "BTI" and on the OTCQB under
the symbol "BIOAF." For more information about the company, please visit
www.bioasis.us.

"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 release."

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