TORONTO, June 1, 2021 /CNW/ - SPOT COFFEE
(CANADA) LTD. (TSXV:
SPP) ("SPoT" or the "Company") is pleased to
announce that it has entered into a Client Services Agreement with
Stockhouse Publishing Ltd. ("Stockhouse") to keep its shareholders
informed about the Company's present status and 2021-2023 growth
plans, to implement an effective marketing plan to support the
Company's business and financial plans, and to lay the groundwork
for the Company's upcoming expansion plans.
Social media distribution and quarterly email distribution of
information concerning the Company's progress toward achieving new
milestones, as well as interviews with the senior management of
SPoT, will be included in the line of partnership services that
Stockhouse will be offering the Company. The management of SPoT
believes these services are essential to improve transparency and
generate confidence in the growth plan of the Company.
"Our partnership with Stockhouse will deliver timely and
reliable information to our shareholders, stakeholders and
employees about the resilient concept and business model that has
helped the Company emerge from the recent pandemic on solid ground
and prepared for expansion," said John
Lorenzo, Chairman and CEO of SPoT. "Our management team, as
well as our franchisees, have performed admirably under pressure
over the course of the past 15 months. Due to their combined
efforts, we expect to soon be able to deliver a message of measured
and profitable growth to the market, and we have great confidence
in the ability of Stockhouse to assist us in doing so."
"Stockhouse is always looking for companies with strong
fundamentals that we can introduce to our massive retail investor
community. SPoT has done incredibly well despite a global pandemic
by focusing on the customer experience and being very selective on
location. We're excited to partner with SPoT Coffee and help bring
their story to one of the largest retail investor communities in
North America," said Twila Jensen, Vice-President of Sales and
Marketing at Stockhouse.
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.
