TORONTO , April 12, 2021 /CNW/ - SPOT COFFEE ( CANADA ) LTD. (TSXV: SPP) ("SPoT" or the "Company") is pleased to announce the results of its annual and special meeting (the "Meeting") of shareholders held on Friday, April 9 , 2021. The Meeting was held, in part, to deliver the annual financial statements and related management's discussion and analysis of the Company, fix and appoint the directors of the Company, appoint the Company's auditors and approve the Company's Stock Option Plan, all as more particularly set out in the Management Information Circular dated March 3, 2021 .
At the Meeting, all resolutions were passed by the shareholders of the Company. A total of 43,314,859 common shares were represented at the Meeting either in person or by proxy representing approximately 31.99% of the issued and outstanding shares of the Company.
At the Meeting John Lorenzo, Anton Ayoub , Raymond J. Stapell , Khaled Al-Hamdan , Glenn Abadir and Mario Giorgio were elected as directors of the Company to hold office until the next annual general meeting or their successors are elected or appointed.
About SPoT Coffee
SPoT Coffee has been designing, building and operating company-owned and franchise community cafés in the northeastern United States for over 25 years. SPoT's cafés provide their 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 the 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 resellers such as universities and hospitals.
We seek Safe Harbor.
Forward Looking Statements
Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. 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.
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