Update on Private Placement and Debt SettlementsWaterloo, Ontario – TheNewswire - July 30, 2021: SponsorsOne Inc., (CSE:SPO) (Frankfurt:5SO), (OTC:SPONF) the company that makes small brands BIG through large, engaged, authentic communities of micro-influencers that buy and support the brands they love, announces an update on its non-brokered private placement and debt settlements. SPO has issued 29,093,750 common shares at a price of $0.024 per common share as debt settlements to arm’s length parties, thereby reducing accounts payable by $698,250.00