Mr. Robert Eadie reports

SWEET POISON CONSOLIDATES ITS SHARE CAPITAL

Further to the news release dated Dec. 8, 2023, Sweet Poison Spirits Inc. has issued the following news release.

Consolidation: Effective at the opening of trading on Monday, Jan. 8, 2024, the shares of the company will commence trading on the Canadian Securities Exchange on a consolidated basis, with one new common share being issued for every four preconsolidated shares.

As a result of the consolidation, on the effective date, a total of 6,968,363 common shares will be issued and outstanding, subject to adjustment for fractional shares, with 656,250 outstanding warrants. No fractional shares will be issued. A new Cusip number has been issued, being 87043J203, and the trading symbol remains as SPS.

Debt settlement: The company also announces that, further to the debt settlement as reported on Dec. 8, 2023, it will be issuing 2,877,708 postconsolidated shares at a postconsolidated price of five cents per share, settling the outstanding debt to various creditors, including insiders. (See news release of Dec. 8, 2023, for further particulars on the debt settlement.)

We seek Safe Harbor.