LSN Life Sciences Institute Inc.

Life Sciences Institute Inc. (TSX VENTURE:LSN) (the "Company" or 'LSN") is
pleased to report that well site surveys have been completed in four prospective
well locations determined from its previously completed 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 identified based on key
geological observations, well log analysis and proprietary 2D seismic.


As previously disclosed on March 16, 2011, the Company has entered into an
agency agreement with Wolverton Securities Ltd. in connection with a financing
to be completed by way of a short form offering document (the "SFOD Financing").
The Company also continues to accept subscriptions for its previously announced
flow- through financing (the "Flow-Through Financing, and together with the SFOD
Financing, the "Financings"). As announced on January 26, 2011, the Financings
must raise gross proceeds of at least $2,850,000. Upon the successful close of
the Financings, the Company anticipates drilling a minimum of two exploratory
wells in the 2nd quarter of 2011.


"Ongoing technical work on the lands held by the Company continues to provide
encouraging results" said Rob Thomas, President and CEO. "We look forward to the
commencement of exploratory drilling in Saskatchewan."


The completion of the previously announced change of business, including the
proposed name change to Quattro Exploration and Production Ltd. remains subject
to TSX Venture Exchange (the "Exchange") approval. The Company has until April
29, 2011 to complete the Financings, close the change of business and submit
final materials to the Exchange. There is no assurance that such final
documentation will be submitted and Exchange approval granted within that time
period.


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 Change of Business (the "COB"), the
closing of the Financings, 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
Company) 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 Company 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 Information Circular,
the press release of October 19, 2010 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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