Mr. Paul Dowdall reports
FLOW BEVERAGE CORP. ANNOUNCES FUNDING OF AN ADDITIONAL TRANCHE UNDER ITS SENIOR SECURED CONVERTIBLE LOAN WITH RI FLOW LLC
Flow Beverage Corp. has been advanced the amount of $2-million under the secured convertible loan with RI Flow LLC, previously announced on June 4, 2025, pursuant to which RI Flow has agreed to advance up to $6-million to the company subject to the satisfaction of certain conditions. As of the date hereof, an aggregate of $4-million has been advanced under the RI Flow convertible loan, with up to $2-million remaining to be financed subject to the terms of the RI Flow convertible loan. RI Flow is an affiliate of Clifford L. Rucker. RI Flow, Mr. Rucker and NFS Leasing Canada Ltd., the company's other senior secured lender and an affiliate of Mr. Rucker, collectively own, or have control or direction over, more than 10 per cent of the voting rights attached to all of the company's outstanding voting securities on a partially diluted basis. All currency amounts stated this news release are denominated in Canadian dollars unless specified otherwise.
About Flow
Beverage Corp.
Flow is one of the fastest-growing premium water companies in North America. Founded in 2014, Flow's mission since day 1 has been to reduce environmental impacts by providing sustainably sourced natural mineral spring water in the most sustainable product formats. Today, the brand is B-Corp certified with a best-in-class score of 114.5, offering a diversified line of health-and-wellness-oriented beverage products: original mineral spring water, award-winning organic flavours and sparkling mineral spring water in sizes ranging from 300 millilitres to one litre. All products contain naturally occurring electrolytes and essential minerals and support Flow's overarching purpose to "bring wellness to the world through the positive power of water." Flow beverage products are available at retailers in Canada and the United States and on-line.
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