LSN Life Sciences Institute Inc.

Life Sciences Institute Inc. (TSX VENTURE:LSN) (the "Corporation" or the
"Company" or 'LSN") is pleased to report that scheduling has resumed on its
previously announced exploration program in the south central region of Southern
Saskatchewan's Williston Basin. 


LSN currently holds a 100% working interest in 6,400 acres in Crown leases which
were identified to be prospective for oil and gas with the primary targets being
the Bird Bear and Bakken formations, previously detected based on key geological
observations, well log analysis and proprietary 2D seismic. 


As approved at the annual and special meeting held June 3rd, 2010, upon the
completion of the current financing that is underway the company is fully funded
for the completion of its current program including a 3D/3C seismic survey and 2
exploratory wells which are scheduled to be drilled in the 1st quarter of 2011.
The company's current knowledge of this area and others in its portfolio of
projects provides it confidence that 2011 will mark a further material
transition for the company from an early stage explorer to both an explorer and
producer in 2011. 


"The lands held by LSN represent a significant opportunity," said Rob Thomas,
President and CEO. "We look forward to the completion of the approved change of
business, as well as the proposed name change to Quattro Exploration and
Production Ltd., and the commencement of operations in Saskatchewan on a program
what is believed to be only the beginning of a substantial foundation for the
company's strategic growth. These are exciting times, the company and its
incoming management look forward to the completion of the transition of LSN to
Quattro, this clearly represents the unlocking of assets for our shareholders
that have been under developed for some time within LSN in anticipation of
change of business that is now to occur in November. A number of projects of
this size, just as in other areas, with only modest early production become
material bell weathers for the region. Similar Bakken projects within
Saskatchewan in the past years have shown to be of significant value, selling
for prices in excess of $ 30 million dollars based on prices of $62,000 to
$80,000 per barrel of production."


OTHER NEWS

The Company is pleased to announce that it has engaged the consulting services
of Blue Fish Capital Ventures Group, founded by Dwayne Sorobey, is an investment
and management oriented boutique firm that coordinates, facilitates, and advices
public and private business ventures in Canada and in the U.S., involving
venture capital, investor relations, and management guidance.


"In order to assist management in conducting operations in a very open and
shareholder-friendly manner, I am pleased to announce we have retained the
services of Blue Fish, and in particular Dwayne Sorobey, to effectively
represent LSN to the investment community," commented Mr. Thomas.


Forward Looking Statements

Statements in this press release contain forward-looking information within the
meaning of applicable securities law. Forward-looking information is frequently
characterized by words such as "plan", "expect", "project", "intend", "believe",
"anticipate", "estimate" and other similar words, or statements that certain
events or conditions "may" or "will" occur. In particular, forward-looking
information in this press release includes, without limitation, statements with
respect to: timing and completion of the COB, the closing of the various
offerings, the expected timing of the exploration program and the approval of
the TSX Venture Exchange. Readers are cautioned that assumptions used in the
preparation of forward-looking information may prove to be incorrect. Although
we believe that the expectations reflected in the forward-looking information
are reasonable, there can be no assurance that such expectations will prove to
be correct. We cannot guarantee future results, level of activity, performance
or achievements. Consequently, there is no representation that the actual
results achieved will be the same, in whole or in part, as those set out in the
forward-looking information.


Forward-looking information is 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 (many of which are beyond the control of the
Corporation) that could cause actual events or results to differ materially from
those anticipated in the forward-looking information. Some of the risks and
other factors could cause results to differ materially from those expressed in
the forward-looking information include, but are not limited to: general
economic conditions in Canada, the United States and globally, the risks
associated with the oil and gas industry, commodity prices and exchange rate
changes. Industry related risks could include, but are not limited to:
operational risks in exploration, development and production; delays or changes
in plans; competition for and/or inability to retain drilling rigs and other
services; competition for, among other things, capital, acquisitions of
reserves, undeveloped lands, skilled personnel and supplies; risks associated to
the uncertainty of reserve estimates; governmental regulation of the oil and gas
industry, including environmental regulation; geological, technical, drilling
and processing problems and other difficulties in producing reserves; the
uncertainty of estimates and projections of production, costs and expenses;
unanticipated operating events or performance which can reduce production or
cause production to be shut in or delayed; incorrect assessments of the value of
acquisitions; the need to obtain required approvals from regulatory authorities;
stock market volatility; volatility in market prices for oil and natural gas;
liabilities inherent in oil and natural gas operations; access to capital; and
other factors. Readers are cautioned that this list of risk factors should not
be construed as exhaustive. 


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. The Corporation does not undertake any
obligation to update or revise any forward-looking statements to conform such
information to actual results or to changes in our expectations except as
otherwise required by applicable securities legislation. Readers are cautioned
not to place undue reliance on forward-looking information.


The Change of Business

Investors are cautioned that, except as disclosed in the Management Information
Circular and this press release, any information released or received with
respect to the COB may not be accurate or complete and should not be relied
upon. Trading in the securities of Life Sciences Institutes Inc. should be
considered highly speculative. 


Wolverton Securities Ltd., subject to completion of satisfactory due diligence,
has agreed to act as sponsor to Life Sciences Institute Inc. in connection with
the transaction. An Agreement to sponsor should not be construed as any
assurance with respect to the merits of the transaction or the likelihood of
completion.


All definitions not herein provided shall have the meaning ascribed to them in
the Information Circular.


The TSX Venture Exchange has in no way passed upon the merits of the proposed
transaction and has neither approved nor disapproved the contents of this press
release.

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