As a follow up to its July 17, 2018 news release, Resverlogix Corp. ("Resverlogix" or the "Company") (RVX:TSX) announced today that it has presented at the first Clinical Trials in Alzheimer's Disease (CTAD) Asia conference in Shanghai, China, this past weekend. Dr. Jeffrey Cummings, Founding Director of the Cleveland Clinic Lou Ruvo Brain Health Center, Las Vegas, Nevada, delivered a keynote presentation on the design and baseline characteristics of a pre-specified substudy of cognition in elderly patients in the Company's ongoing Phase 3 BETonMACE clinical trial. In addition, a poster presentation highlighted potential Mechanism of Action of apabetalone in addressing vascular dementia.

Resverlogix Corp. ("Resverlogix" or the "Company") (TSX:RVX) announced today it has closed a private placement of approximately 10.4 million equity units at a price of $2.50 per unit for gross proceeds of approximately $26 million (US$20 million), based on an agreed discount to the 5-day volume weighted average price of the Company's shares between July 30 and August 3, 2018. Each unit will be comprised of one common share and one-half (1/2) of a common share purchase warrant. Each full warrant will be exercisable at a price of $3.00 per share for a period of three years from the closing of the private placement. The units will be subject to a four-month hold period.

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