Source: Capha Pharmaceuticals Inc.

FPS Pharma to Apply for Listing on the TSXV

CSE Grants Company Request to Withdraw From Listing All of Company's Securities on the CSE

WEST KELOWNA, BC--(Marketwired - April 04, 2016) - FPS PHARMA INC. ("FPS Pharma" or the "Company") announced today that the Canadian Securities Exchange has granted the Company's request to withdraw from listing all of the Company's securities, being the common shares of the Company currently listed under the stock symbol "FPS.U". The common shares of the Company will be delisted at the market close tomorrow, April 5, 2016.

The Company intends to make application to list its common shares on the TSX Venture Exchange.

For further information please contact.

ON BEHALF OF THE BOARD OF DIRECTORS

James R. Brown

Chairman, President & CEO

Contact Information:

James R. Brown
778-754-3000