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Zomedica expects the proceeds raised under this financing to be used for the following purposes: Advancement and further development of its therapeutic pipeline; Potential acquisitions, furthering its intellectual property and associated protections; Capital markets activities and expenditures; and General working capital purposes. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the U.S. Securities Act), or applicable state securities laws, and may not be offered or sold to persons in the United States absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The stock options all vested immediately upon the date of grant. About Zomedica With U.S. operations based in Ann Arbor, Michigan, Zomedica is a veterinary pharmaceutical and health care solutions company targeting products for companion animals (canine, feline and equine) through a ground-breaking approach that focuses on the unmet needs of clinical veterinarians. Zomedica is building a diversified portfolio of products comprised of the discovery, development and commercialization of innovative drugs alongside novel drug delivery systems, devices and diagnostics. With multiple clinical veterinarians in executive management, it is Zomedicas mission to give veterinarians the opportunity to lower costs, increase productivity, and grow revenue while better serving the animals in their care.

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