SPoT Coffee (Canada) Ltd.

SPoT Coffee (Canada) Ltd.

March 10, 2015 09:01 ET

SPoT Coffee Receives Franchise Registration Approval From State of New York

TORONTO, ONTARIO--(Marketwired - March 10, 2015) - SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that the State of New York has approved its franchise registration. Effective immediately, SPoT will be offering prospective franchisees SPoT Café franchises and SPoT Express franchises throughout New York State. The Company currently has a list of potential franchisees and will begin moving forward with new franchise locations forthwith.

This new franchise program focuses on SPoT's regional expansion plan in the northeast USA. With its 'SPoT Café In A Box' operating manuals and procedures, training facilities and franchise management and real estate teams in place, SPoT will provide new franchise owners the key attributes needed to open and profitably operate their locations.

"We are prepared for this business model transition and are energized by the enthusiasm from prospective franchisees who want to be a part of the SPoT Coffee family," commented Mr. Anton Ayoub, President of SPoT Coffee, "SPoT Coffee is a special and warm gathering place for its community and neighbourhood. We are eager to execute our franchise program and grow our Company to the high level it deserves."

About SPoT Coffee

SPoT Coffee trades on the TSX Venture Exchange under the symbol SPP. SPoT designs, builds and operates community oriented cafés that provide its customers with the highest quality service, signature made-to order meals, and the world's finest in-house roasted gourmet coffee. Each SPoT café is distinctively designed to complement the unique attributes of the local neighborhood; creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on retail stores, business accounts and third party resellers.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. 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. Except as required by applicable securities requirements, the Corporation 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.

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