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New Spot franchises opening schedule

V.SPP

Canada NewsWire

TORONTO, April 11, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that its Spot Coffee West Hartford franchise café in West Hartford, Connecticut, will commence operations with a soft opening on April 17, 2018 and a grand opening on April 30, 2018. Key members of the Spot Coffee management team, including the District Operations Manager for Saratoga Springs and Glens Falls, will be on site to assist Graciela Garcia, manager of Spot Coffee West Hartford, and her fully trained team during the first two weeks of operation.

Spot Coffee (Canada) Ltd. (CNW Group/Spot Coffee (Canada) Ltd.)

The Company is also pleased to report that it has completed all of its leasing agreements and engineering and architectural drawings, and has entered into a contract with the contractors to fully develop three (3) more full franchise cafes and express outlets. Construction of the Spot Express in Roswell Park has already commenced and will be completed within 6 weeks. Construction of Spot Coffee West Seneca and Spot Coffee Amherst will commence this month upon obtaining the necessary building permits.

"We look forward to bringing Spot Coffee to the community of West Hartford and the State of Connecticut," said Dan Hensley, Spot Coffee's VP of Franchise Operations. "Our unwavering commitment to maintaining the quality of our café environments and our menu offerings has allowed us to safely venture into new territories where our concept is warmly welcomed. We are now focused on ensuring that the performance of our new franchise cafés exceeds expectations as our franchise program continues to develop and grow."

About SPoT Coffee

SPoT Coffee trades on the TSX Venture Exchange under the symbol SPP. SPoT designs, builds, operates and franchises community oriented cafés and express cafés in New York State. SPoT's community cafés provide its customers with the highest quality service, signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT café is distinctively designed to suit its local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices and third party resellers such as universities and hospitals.

Forward Looking Statements

Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. In particular, forward-looking information in this press release includes, but is not limited to, the potential use of proceeds of the financing that is the subject of this release. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Except as required by applicable securities laws, the Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

SOURCE Spot Coffee (Canada) Ltd.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/April2018/11/c5489.html



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