Life Sciences Announces Flow-Through Offering and Close of Private Placement

LIFE SCIENCES INSTITUTE INC. (the "Corporation") (TSX VENTURE:LSN), is pleased
to announce the offering of between a minimum of 6,250,000 common shares to a
maximum of 7,916,666 common shares issued on a "flow-through" basis (each a
"Flow-Through Share") at a price of $0.12 per Flow-Through Share (the
"Offering"). The Corporation may pay finders a fee of up to an 8.00% of the
gross proceeds of the Offering. Hold periods will apply to the securities issued
under this Offering in accordance with applicable securities laws. This Offering
is subject to the approval of the TSX Venture Exchange.


Further the Corporation is please to announce that it has closed an offering of
416,666 common shares issued shares issued on a "flow-through" basis (each a
"Flow-Through Share") at a price of $0.12 per Flow-Through Share for aggregate
gross proceeds of $50,000. No commissions or finder's fee were paid relative to
this offering. Hold periods will apply to the securities issued under this
offering in accordance with applicable securities laws.


Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain
information contained herein constitutes forward-looking statements.
Forward-looking statements are based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those projected in the forward-looking statements. The
Corporation undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking statements.