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03:32:53 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Sweet Poison Spirits Inc
Symbol SPS
Shares Issued 27,873,451
Close 2023-12-05 C$ 0.015
Market Cap C$ 418,102
Recent Sedar Documents

Sweet Poison to issue 2.87M shares for debt of $143,885

2023-12-08 19:06 ET - News Release

Subject: Sweet Poison Spirits Inc. - News Release - Dec 8 Word Document File: '\\swfile\EmailIn\20231208 160053 Attachment 2023-12-08 - SPS - News Release - Debt Settlement - FINAL.docx' - 2 - Sweet Poison Spirits Inc., Suite 750, 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6 Telephone: (604) 602-4935 l Fax: (604) 602-4936 December 8, 2023 Trading Symbol: SPS News Release Sweet Poison to Issue Shares for Debt Vancouver, British Columbia --Sweet Poison Spirits Inc. (CSE: SPS) (the "Company" or "Sweet Poison") announces that the Company has arranged to settle outstanding debt with various creditors, including insiders and a private company controlled by an insider, in the aggregate amount of $143,885.40 through the issuance of up to 2,877,708 post-consolidated shares at a post-consolidated price of $0.05 per share (the "Debt Settlement"). The amount of $131,285.40 is owing to insiders and the issuance of any shares to insiders will constitute a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). Such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the financial hardship exemptions available thereunder. ON BEHALF OF THE BOARD (Sgd.) "Robert Eadie" Robert Eadie, President, Chief Executive Officer and Director FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-602-4935 ext. 205 Contact: Robert Eadie Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. PDF Document File: Attachment 2023-12-08 - SPS - News Release - Debt Settlement - FINAL.pdf December 8, 2023 Trading Symbol: SPS News Release Sweet Poison to Issue Shares for Debt Vancouver, British Columbia Sweet Poison Spirits Inc. (CSE: SPS) (the "Company" or "Sweet Poison") announces that the Company has arranged to settle outstanding debt with various creditors, including insiders and a private company controlled by an insider, in the aggregate amount of $143,885.40 through the issuance of up to 2,877,708 post-consolidated shares at a post-consolidated price of $0.05 per share (the "Debt Settlement"). The amount of $131,285.40 is owing to insiders and the issuance of any shares to insiders will constitute a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). Such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the financial hardship exemptions available thereunder. ON BEHALF OF THE BOARD (Sgd.) "Robert Eadie" Robert Eadie, President, Chief Executive Officer and Director FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-602-4935 ext. 205 Contact: Robert Eadie Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Sweet Poison Spirits Inc., Suite 750, 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6 Telephone: (604) 602-4935 Fax: (604) 602-4936

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