Press Release

Filament Health Appoints New Members To Board Of Directors And Advisory Council

August 24, 2022
A fern leaf.

Vancouver, British Columbia, August 24, 2022 – Filament Health Corp. (OTCQB:FLHLF) (NEO:FH) (FSE:7QS) (“Filament”or the “Company”), a clinical‐stage natural psychedelic drug development company, today announced the appointment of Dr. Konstantin Adamsky of Negev Capital to its Board of Directors, and Jeff Chilton of Nammex to the Company’s Advisory Council.

 Konstantin Adamsky, PhD, is the ChiefOperating Officer of Negev Capital, a psychedelic medical intervention investment fund that has made 20 investments to date. He has a long demonstrated track record in pharmaceutical R&D. Dr. Adamsky served as a VPOperations and Technology at Levco Pharmaceuticals Ltd, CEO and VP Operations at Regenera Pharma LTD, and Director and co-CEO at Targia Pharmaceuticals. He has also held positions at Compugen and the Weizmann Institute of Science. He is Co-founder and Director of Celleska Pty, Australian Cell & Gene TherapyIncubator. Dr. Adamsky holds a Ph.D from Weizmann Institute of Science, Israel.

Jeff Chilton is the Founder of Nammex, a company specialized in the development and manufacture of functional mushroom extract powders. Mr. Chilton studied ethnomycology at the University ofWashington and in 1973 began a 10 year career as a large scale commercial mushroom grower. He is the co-author of the highly acclaimed book The MushroomCultivator. In 1989, Mr. Chilton established Nammex, the first company to supply medicinal mushroom extracts to the nutritional supplement industry. In 1997, he organized the first organic certification workshop for mushroom production in China, where 85% of the world's mushrooms are grown. Mr. Chilton is a founding member of the World Society for Mushroom Biology and Mushroom Products and a member of the International Society for Mushroom Science since 1978. He is also a council member of the International Society for Medicinal Mushrooms. 

Filament’s Chief Executive Officer, Benjamin Lightburn, commented: “We welcome the decades of industry knowledge and experience that Dr. Adamsky and Mr. Chilton will bring to Filament. Their appointments demonstrate the calibre of our platform and we look forward to gathering important insights from them both.”

ABOUT FILAMENT HEALTH (OTCQB:FLHLF)(NEO:FH) (FSE:7QS)

Filament Health is a clinical-stage natural psychedelic drug development company. We believe that safe, standardized, naturally-derived psychedelic medicines can improve the lives of many, and our mission is to see them in the hands of everyone who needs them as soon as possible. Filament’s platform of proprietary intellectual property enables the discovery, development, and delivery of natural psychedelic medicines for clinical development. We are paving the way with the first-ever natural psychedelic drug candidates.

 Learn more at www.filament.health and on Twitter, Instagram, and LinkedIn. 

MEDIA RELATIONS

Anna Cordon, Director of Communications778.245.9067

anna@filament.health

INVESTOR RELATIONS

ir@filament.health

FORWARD LOOKING INFORMATION

Certain statements and information contained herein may constitute “forward‐looking statements” and “forward‐looking information,” respectively, under Canadian securities legislation. Generally, forward‐looking information can be identified by the use of forward‐looking terminology such as, “expect”,“anticipate”, “continue”, “estimate”, “may”, “will”, “should”, “believe”,“intends”, “forecast”, “plans”, “guidance” and similar expressions are intended to identify forward‐looking statements or information. The forward‐looking statements are not historical facts, but reflect the current expectations of management of Filament regarding future results or events and are based on information currently available to them. Certain material factors and assumptions were applied in providing these forward‐looking statements.Forward‐looking statements regarding the Company are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of Filament to be materially different from those expressed or implied by such forward‐looking statements or forward‐looking information, including status of patent applications and the ability to secure patents.There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward‐ looking statements and forward‐looking information. Filament will not update any forward‐ looking statements or forward‐looking information that are incorporated by reference herein, except as required by applicable securities laws.