Mr. Gary Arc reports
EARLY WARNING REPORT FILED
Sweet Poison
Spirits Inc. chief financial officer and director Gary Arca has filed an early warning report in accordance with National
Instrument 62-103 -- The Early Warning System and Related Take Over Bids and Insider Reporting Issues,
in connection with the issuance of 1,395,708 shares in his favour and in favour of private companies
controlled by him pursuant to a debt settlement filing with the Canadian
Securities Exchange.
Mr. Arca advises that upon the issuance of the debt settlement shares, he held, on a postconsolidated
basis, a total of 1,735,770 common shares of the company, representing approximately 17.6 per cent of the
company's 9,846,088 issued and outstanding common shares.
A copy of the early warning report may be found under the company's profile on SEDAR+.
Mr. Arca advises that the debt settlement shares were issued from the company's treasury in settlement
of certain debts owed to him directly and indirectly, that he did not act jointly with any other party in
acquiring the shares, and does not act jointly or in concert with any other person in exercising his rights
over such shares.
Mr. Arca further advises that he may acquire additional securities, or dispose of some or all of his
securities, from time to time in the future.
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