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Lifeline Therapeutics Completes $8 Million Private Placement

June 2, 2005

Lifeline Therapeutics, a health company dedicated to developing products that help people live better, healthier and longer lives by fighting oxidative damage in the body, announced the company completed an $8 million private placement. Keating Securities, LLC acted as sole placement agent of the financing. Proceeds from this funding will be used to eliminate the company's debt of $3 million, for U.S. research surrounding its Protandim product and as working capital related to the development of new antioxidant therapies.

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