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Friday 22 November 2024
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SPoT Coffee announces issuance of common shares for services

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TORONTO, Canada — Spot Coffee (CANADA) LTD. (TSX-V: SPP) (“SPoT” or the “Company”) announces the issuance of 810,000 common shares at a price of C$0.10 per share to a service provider in respect of the provision of various services, including but not limited to analyst research, media creation and web development.

All of the common shares issued today are subject to a statutory four-month hold period in accordance with applicable securities laws, which will expire on February 23, 2019.

About SPoT Coffee

SPoT Coffee trades on the TSX Venture Exchange under the symbol SPP. SPoT designs, builds, operates and franchises community oriented cafés and express cafés in New York State. SPoT’s community cafés provide its customers with the highest quality service, signature made-to-order meals and award-winning micro-roasted coffee.

Each SPoT café is distinctively designed to suit its local neighbourhood, creating a warm and friendly gathering place for the community.

SPoT’s commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices and third party resellers such as universities and hospitals.

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