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LOAN AGREEMENT
 
December 23, 2015

Coventry Capital LLC, (the “Lender”) of 1201 Orange Street, Suite 600,
Wilmington, DE 19801 advanced USD$150,000 (the “Principal Sum”) to Cell MedX
Corp. (the “Borrower”) of 74 N. Pecos Road, Suite D, Henderson, NV, 89074.  The
Lender advanced the funds on December 23, 2015.

The Borrower agrees to repay the Principal Sum on demand, together with interest
calculated and compounded monthly at the rate of 6% per year (the “Interest”)
from December 23, 2015.  The Borrower is liable for repayment for the Principal
Sum and accrued Interest and any costs that the Lender incurs in trying to
collect the Principal Sum and the Interest.

The Borrower will evidence the debt and its repayment of the Principal Sum and
the Interest with a promissory note in the attached form.
 
LENDER
 
BORROWER
Coventry Capital LLC
 
Cell MedX Corp.
     
Per: /s/Tom Sharp
 
Per: /s/Yanika Silina
     
 
 
 
Coventry Capital LLC
 
Yanika Silina, CFO
           

 
 

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PROMISSORY NOTE

Principal
Amount:  USD$150,000                                                                                                                                December
23, 2015

For value received Cell MedX Corp., (the “Borrower”) promises to pay on demand
to the order of Coventry Capital LLC (the “Lender”) the sum of $150,000 lawful
money of United States (the “Principal Sum”) together with interest on the
Principal Sum from December 23, 2015 (“Effective Date”) both before and after
maturity, default and judgment at the Interest Rate as defined below.

For the purposes of this promissory note, Interest Rate means 6 per cent per
year.  Interest at the Interest Rate must be calculated and compounded monthly
not in advance from and including the Effective Date (for an effective rate of
6.2% per annum calculated monthly), and is payable together with the Principal
Sum when the Principal Sum is repaid.

The Borrower may repay the Principal Sum and the Interest in whole or in part at
any time.

The Borrower waives presentment, protest, notice of protest and notice of
dishonour of this promissory note.

BORROWER
Cell MedX Corp.

Per:

/s/Yanika Silina
Yanika Silina, CFO

 
 

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