TORONTO, April 12, 2021 /CNW/ - SPOT COFFEE
(CANADA) LTD. (TSXV:
SPP) ("SPoT" or the "Company") is pleased to announce
the results of its annual and special meeting (the "Meeting") of
shareholders held on Friday, April 9,
2021. The Meeting was held, in part, to deliver the annual
financial statements and related management's discussion and
analysis of the Company, fix and appoint the directors of the
Company, appoint the Company's auditors and approve the Company's
Stock Option Plan, all as more particularly set out in the
Management Information Circular dated March
3, 2021.
At the Meeting, all resolutions were passed by the shareholders
of the Company. A total of 43,314,859 common shares were
represented at the Meeting either in person or by proxy
representing approximately 31.99% of the issued and outstanding
shares of the Company.
At the Meeting John Lorenzo, Anton
Ayoub, Raymond J. Stapell,
Khaled Al-Hamdan, Glenn Abadir and Mario
Giorgio were elected as directors of the Company to hold
office until the next annual general meeting or their successors
are elected or appointed.
About SPoT Coffee
SPoT Coffee has been designing, building and operating
company-owned and franchise community cafés in the northeastern
United States for over 25 years.
SPoT's cafés provide their 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 the 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 resellers such as
universities and hospitals.
We seek Safe Harbor.
Forward Looking Statements
Except for statements of historical fact relating to the
Company, certain information contained herein constitutes
forward-looking statements. 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,
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 statements are 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 that could cause actual events or results to differ
materially from those projected in the forward-looking statements.
The forward-looking information contained in this news release is
expressly qualified by this cautionary statement. Except as
required by applicable securities laws, the Company undertakes no
obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking
statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the release.
SOURCE Spot Coffee (Canada)
Ltd.