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Spyder Cannabis Inc : Spyder Cannabis Announces Results of Annual General and Special Meeting

Spyder Cannabis Inc : Spyder Cannabis Announces Results of Annual General and Special Meeting
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Spyder Cannabis Announces Results of Annual General and Special Meeting

Spyder Cannabis Announces Results of Annual General and Special Meeting
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Spyder Cannabis Inc : Spyder Cannabis Announces Management and Board Changes

Spyder Cannabis Inc.: Spyder Cannabis Announces Management and Board Changes Spyder or the Company ), an established Canadian cannabis and vape retailer, announced today the appointment of Cameron Wickham as a Director, Chief Executive Officer and Corporate Secretary of the Company and Ankit Gosain as Chief Financial Officer of the Company, effective May 7, 2021. Daniel Pelchovitz, the Company s former Chief Executive Officer, will continue with Spyder as a Director of the Company and as Chief Executive Officer of Spyder Cannabis Subco Inc., the Company s Alcohol and Gaming Commission of Ontario (AGCO)-licensed, wholly-owned subsidiary that currently operates a cannabis dispensary in Niagara Falls, Ontario and has submitted two additional

Spyder Cannabis Inc : Spyder Cannabis Completes Debt Settlement Transaction

Spyder Cannabis Inc.: Spyder Cannabis Completes Debt Settlement Transaction 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. The Common Shares issued in connection with the Transactions are subject to a statutory hold period of four months and a day from the date of issuance, expiring on July 16, 2021.

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