Alert: Spyder Cannabis Completes Debt Settlement Transaction

Vaughan, Ontario–(Newsfile Corp. – March 16, 2021) – Spyder Cannabis Inc. (TSXV: SPDR) (“Spyder Cannabis” or the “Company“), an established Canadian cannabis accessory and vape retailer, is pleased to announce that, further to its press release of January 6, 2021, it has completed its previously-announced debt settlement transaction (the “Transaction“) pursuant to which the Company has issued, to certain creditors of the Company, an aggregate of 9,966,666 common shares in the capital of the Company (each, a “Common Share“) at a deemed price of $0.03 per Common Share, in settlement of an aggregate of $299,000 in indebtedness of the Company. Learn More

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