RE:Probably not what you wanna hear...Articles @thenewswire/sponsorsone-provides-update-on-private-placement-andchannel by@thenewswireon 21 Mar 2021, 19:48 SponsorsOne Provides Update on Private Placement and Debt Settlements (TheNewswire) Waterloo, Ontario TheNewswire -March 21, 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 an additional 134,890,160 common shares at a price of $0.025 per common share as debt settlements to arms length parties, thereby reducing accounts payable by $3,372,254. SPO has also issued 95,400,000 units related to a Private Placement financing, at a price of $0.025 per unit for total proceeds of $2,385,000. Each unit consists of 1 common share and 1 full common share purchase warrant entitling the holder thereof to acquire 1 common share of SPO at $0.075 per common share for a period of 2 years. In addition, SPO has issued a non-convertible promissory note to an arms length party against a loan of $250,000 bearing interest at 4% per annum repayable by SPO on or before March 19, 2022.