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Spot Coffee (Canada) Ltd. (V:SPP)

Business Focus: Cafés

Apr 15, 2024 07:00 am ET
SPoT Coffee Announces Decline of Management Cease Trade Order Request
Toronto, Ontario--(Newsfile Corp. - April 15, 2024) - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") announces that its application for a Management Cease Trade Order (as announced April 8, 2024) to the Ontario Securities Commission (the "OSC"), as principal regulator of the Company, for a management cease trade order ("MCTO") under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") in respect of the anticipated late filing of its audited annual financial statements, accompanying management discussion and analysis and related CEO and CFO certifications in respect of the financial year ended December 31, 2023 (collectively, the "Annual Filings") has been declined by the OSC on the basis that the OSC does not consider there to be a sufficiently active, liquid market for the issuer's securities in order to grant an MCTO.
Apr 09, 2024 10:45 am ET
SPoT Coffee Announces Delayed Filing of Annual Financial Statements and Application for Management Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - April 9, 2024) - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") provides an update on the status of the filing of its audited annual financial statements, accompanying management discussion and analysis and related CEO and CFO certifications in respect of the financial year ended December 31, 2023.
Aug 09, 2023 07:45 am ET
SPoT Coffee Announces Successful Listing on OTCQB
SPOT COFFEE (CANADA) LTD. (TSX-V:SPP) (“SPoT” or the “Company”) is pleased to announce that it has completed its cross-listing onto the OTCQB stock exchange in the United States and achieved full Depository Trust Company (“DTC”) eligibility, which will allow American investors to clear and settle their trades domestically. SPoT is now trading on both the OTCQB and the TSX-V. This concludes an important phase that the Company initiated to capitalize on the benefits of being listed on a mid-tier exchange in the United States. As a verified market with broad accessibility, the OTCQB helps
Apr 06, 2023 02:07 pm ET
SPoT Coffee Announces Appointment of New Auditor
SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that DNTW Toronto LLP ("DNTW") has been retained by the Company to be its auditor. DNTW will take over from Richter LLP ("Richter"), who resigned as the Company's auditor on their own initiative on January 25, 2023. The resignation of Richter and the appointment of DNTW have been reviewed by the Company’s audit committee and the board of directors as a whole. Richter previously confirmed that there are no reportable events, "disagreements" or "unresolved issues" (as those terms are defined in Nationa
Feb 06, 2023 04:00 pm ET
SPoT Coffee Announces Completion of $82.5K Equity Financing
SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce completion of its previously announced non-brokered private placement offering of 1,650,000 common shares (each a "Common Share") at a price of C$0.05 per Common Share for aggregate gross proceeds of C$82,500. The proceeds raised under this financing are expected to be used exclusively to fund an application by the Company to cross-list its Common Shares on the OTCQB stock exchange. All of the Common Shares issued in connection with this financing are subject to a statutory four-month hold period in
Jan 26, 2023 04:12 pm ET
SPoT Coffee Announces Auditor Resignation
SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") announces the resignation of its auditors, Richter LLP ("Richter"). Richter resigned on their own initiative, which resignation has been reviewed by the Company’s audit committee. Richter has advised that its resignation is a business decision of such firm and has confirmed that there are no reportable events, "disagreements" or "unresolved issues" (as those terms are defined in National Instrument 51-102 – Continuous Disclosure Obligations) in connection with the change of auditor. The Company is commencing the pro
Jan 18, 2023 06:30 am ET
Court of Appeal for Ontario Upholds Judgment in Favour of SPoT Coffee
SPOT COFFEE (CANADA) LTD. (TSXV:SPP) (“SPoT Coffee” or the “Company”) hereby refers to its news release dated October 12, 2021 whereby SPoT Coffee announced that its wholly owned company, SPoT Coffee Park Place, Inc. (“SPoT Park Place”), has won its case against Concord Adex Investments Limited (“Concord Adex”), and that the Honourable Madam Justice S. Vella of the Ontario Superior Court of Justice found in favour of SPoT Park Place and awarded damages for SPoT Coffee Park Place’s operating losses of $269,296 and damages for the costs of building the SPoT Park Place café of $757,755.34
Dec 22, 2022 02:02 pm ET
SPoT Coffee Announces $82.5K Equity Financing
SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce a non-brokered private placement offering of 1,650,000 common shares (each a "Common Share") at a price of C$0.05 per Common Share for aggregate gross proceeds of C$82,500. The proceeds raised under this financing are expected to be used exclusively to fund an application by the Company to cross-list its Common Shares on the OTCQB stock exchange. All of the Common Shares issued in connection with this financing will be subject to a statutory four-month hold period in accordance with applicable securi
Oct 15, 2021 01:49 pm ET
SPoT Coffee Announces Shares for Debt Settlement
TORONTO, Oct. 15, 2021 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce the completion of its previously announced shares for debt settlement.  The Company previously entered into agreements with three holders of outstanding unsecured promissory notes to settle the principal amounts owing thereunder (in the aggregate amount of $753,395) via the issuance of an aggregate of 15,067,900 common shares of the Company at a price of $0.05 per share.  All of the foregoing shares have been issued today and are subject to a statutory four-month hold period
Oct 12, 2021 07:00 am ET
SPoT Coffee Wins Case Against Concord Adex
TORONTO, Oct. 12, 2021 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT Coffee" or the "Company") reports that on January 29, 2015, SPoT Coffee Park Place Inc. ("SPoT Park Place"), a Canadian company wholly owned by SPoT Coffee, commenced legal action against Concord Adex Investments Limited ("Concord Adex"), and filed a claim against Concord Adex seeking damages for negligent misrepresentations in a case relating to a lease it entered into with Concord Adex on October 29, 2010. The lease provided, among other things, 4,000 sq. ft. of leased premises located at 77 Provost Drive, North Yo
Jun 17, 2021 07:51 am ET
SPoT Coffee Announces Shares for Debt Settlement
TORONTO, June 17, 2021 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") is pleased to announce that it has entered into agreements with four holders of outstanding unsecured promissory notes to settle the principal amounts owing thereunder (in the aggregate amount of $853,395) via the issuance of an aggregate of 17,067,900 common shares of the Company at a price of $0.05 per share.   The foregoing Shares for Debt transaction is subject to approval by the TSX Venture Exchange.  All of the foregoing shares will, upon issuance, be subject to a statutory four-month hold pe
Jun 01, 2021 10:17 am ET
SPoT Coffee Announces New Stockhouse Partnership
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.
May 14, 2021 06:28 pm ET
SPoT Coffee Announces Completion of Equity Financing and Receipt of PPP-2 Loans
TORONTO, May 14, 2021 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") is pleased to announce completion of its previously announced non-brokered private placement of units (each a "Unit") at a price of C$0.05 per Unit. The Company has issued an aggregate of 9,100,600 Units for aggregate gross proceeds of C$455,030.  Each Unit consists of one common share of SPoT (a "Common Share") and one-half of one common share purchase warrant (a "Warrant").  Each whole Warrant issued under this equity financing entitles the holder to acquire one additional Common Share at a price
Apr 15, 2021 05:30 pm ET
SPoT Coffee Announces Equity Financing is Ongoing
TORONTO, April 15, 2021 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") announces that its previously announced non-brokered private placement offering of up to 10,000,000 units (each a "Unit") at a price of C$0.05 per Unit for aggregate gross proceeds of up to C$500,000 is ongoing.  Each Unit will consist of one common share of SPoT (a "Common Share") and one-half of one common share purchase warrant (a "Warrant").  Each whole Warrant issued under this equity financing will entitle the holder to acquire one additional Common Share at a price of $0.075 for a per
Apr 12, 2021 07:00 am ET
SPoT Coffee Announces Annual Meeting Results
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.
Mar 15, 2021 08:22 am ET
SPoT Coffee Announces Ongoing Equity Financing
TORONTO, March 15, 2021 /CNW/ -  SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") is pleased to report that its previously announced non-brokered private placement offering of up to 10,000,000 units (each a "Unit") at a price of C$0.05 per Unit for aggregate gross proceeds of up to C$500,000 is ongoing.  Each Unit will consist of one common share of SPoT (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant issued under this equity financing will entitle the holder to acquire one additional Common Share at a price of $0.075 for
Feb 15, 2021 09:52 am ET
SPoT Coffee Announces Continued Franchise Growth
TORONTO, Feb. 15, 2021 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that its newest franchise café, SPoT Coffee North Tonawanda, has opened for business today. "Thank you everyone for the wonderful support," said franchisee Ralph Dailey. "We'll save a SPoT for you in our café!"
Jan 25, 2021 07:26 pm ET
SPoT Coffee Announces $500K Equity Financing
TORONTO, Jan. 25, 2021 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") is pleased to announce a non-brokered private placement offering of up to 10,000,000 units (each a "Unit") at a price of C$0.05 per Unit for aggregate gross proceeds of up to C$500,000.  Each Unit will consist of one common share of SPoT (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant issued under this equity financing will entitle the holder to acquire one additional Common Share at a price of $0.075 for a period of twenty-four months from the
Dec 01, 2020 01:12 pm ET
SPoT Coffee Announces Unsecured Loans
TORONTO, Dec. 1, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") has previously announced the receipt of subscriptions in the aggregate principal amount of $919,575 for Class A Debentures, the closing of which has been pending (see prior press releases dated June 12 and April 21, 2020).  Following discussion and agreement with such subscribers (all of whom are at arm's length vis-à-vis the Company), it has been agreed that the foregoing advances shall be treated as unsecured loans of the Company rather than as subscriptions for debentures.  Such loans bear inter
Nov 05, 2020 08:57 am ET
SPoT Coffee Provides New Franchise Location Opening and Operations Update
TORONTO, Nov. 5, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("Spot" or the "Company") is pleased to announce that, further to its franchise update news release of December 10th, 2019, the full development of the following franchise SPoT Express locations and SPoT neighborhood cafés have been completed this year despite the lingering COVID-19 pandemic. Two of these locations, namely SPoT Coffee Niagara Falls and the SPoT Express at the Tops Elmwood supermarket, are now open to welcome and serve customers.
Oct 27, 2020 04:10 pm ET
IIROC Trading Resumption - SPP
VANCOUVER, BC, Oct. 27, 2020 /CNW/ - Trading resumes in:
Oct 24, 2020 11:30 am ET
SPoT Coffee Comments on Reinstatement Review
TORONTO, Oct. 24, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to provide an update regarding the reinstatement review that has been conducted by the TSX Venture Exchange following the revocation of the Cease Trade Order that was imposed by the Ontario Securities Commission on June 22, 2020 and subsequently revoked on July 31, 2020.  During the course of the foregoing review, it was determined that additional commentary should be provided to the public with respect to a Provision that was recorded in the Company's audited annual financial statement
Jun 23, 2020 08:20 am ET
IIROC Trading Halt - SPP
VANCOUVER, BC, June 23, 2020 /CNW/ - The following issues have been halted by IIROC:
Jun 15, 2020 07:35 pm ET
SPoT Coffee Confirms Delay in Filing Annual Financial Statement and MD&A and Expects Issuance of Cease Trade Order
TORONTO, June 15, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") announces that further to its news release dated June 12, 2020, the Company will be delayed in filing its audited annual financial statements for the year ended December 31, 2019, the related management's discussion and analysis and certificates of its CEO and CFO (collectively, the "Required Filings") with Canadian securities regulators until after the prescribed filing deadline. The additional time during COVID-19 is required to permit the Company and its auditors to complete the work and enquiri
Jun 12, 2020 11:49 pm ET
SPoT Coffee Provides Update on Filing of Annual and Interim Financial Statement and MD&A
TORONTO, June 12, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") would like to provide an update on the status of the filing of annual and interim financial statements, accompanying management discussion and analysis and related CEO and CFO certifications. 
Jun 12, 2020 11:40 pm ET
SPoT Coffee Announces Extension of Class A Debenture Financing and New CFO
TORONTO, June 12, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") is pleased to announce that its previously announced offering of Class A Debentures is ongoing. The Company has received subscriptions for an aggregate principal amount of $919,575 and expects to complete the offering prior to June 25, 2020.  Each such Class A Debenture shall have the following characteristics:
Jun 10, 2020 06:27 pm ET
SPoT Coffee Announces Reliance Upon Filing Exemptions for Annual and Interim Financial Statements
TORONTO, June 10, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSXV: SPP) ("SPoT" or the "Company") provides an update on the status of its financial statement filings.  The Company previously announced that, pursuant to the blanket relief granted by the Canadian Securities Administrators it would not file its annual financial statements for the year ended December 31, 2019, and the related management's discussion and analysis, as required by Parts 4 and 5 of National Instrument 51-102 – Continuous Disclosure Obligations (collectively, the "Annual Filings") prior to the filing deadline of April 2
Apr 23, 2020 03:43 pm ET
SPoT Coffee Announces Reliance Upon Annual Financial Statement Filing Exemption
TORONTO, April 23, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") announces that pursuant to the blanket relief granted by the Canadian Securities Administrators it will not file its annual financial statements for the year ended December 31, 2019, and the related management's discussion and analysis, as required by Parts 4 and 5 of National Instrument 51-102 – Continuous Disclosure Obligations (collectively, the "Annual Filings") prior to the filing deadline of April 29, 2020. 
Apr 21, 2020 08:00 am ET
SPoT Coffee Announces First Stimulus Package Loan Approval and CEBA Approval
TORONTO, April 21, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report that the Company's subsidiaries have received approval from their lender for loans in the aggregate amount of U.S.$1,065,206 pursuant to the United States Small Business Administration ("SBA") program identified as the Coronavirus Aid, Relief, and Economic Security ("CARES") Act (the foregoing are collectively referred to as the "SBA-CARES Loans"). 
Apr 21, 2020 07:00 am ET
SPoT Coffee Announces Updated Terms of $3.0M Debenture Financing
TORONTO, April 21, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce updated terms of its pending offering of subordinate convertible secured debentures for aggregate gross proceeds of up to $3.0 million (the "Debenture Financing").  As noted in the Company's press release dated December 10, 2019, the Company's directors previously approved the terms of a $2.5 million offering of convertible debentures.  The updated terms of the debentures being offered are as follows:
Apr 06, 2020 07:00 am ET
Spot's US Companies Apply for Stimulus Package Loan
TORONTO, April 6, 2020 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") wishes to report that its management has started the process of formal applications by its US operating companies for two specific loans offered by the  US government's  $2.2 Trillion Stimulus Package, which has been passed by the US Senate, House of Representatives and the White House.
Dec 10, 2019 06:00 am ET
SPoT Coffee Announces New Financing and New Franchise Cafés in 2020
TORONTO, Dec. 10, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to announce that the directors of Spot met at the Company's head offices in Toronto on the 4th, 5th and 6th of December, 2019 to review, discuss and approve the Company's business and financial plan for the year 2020.
Oct 15, 2019 07:00 am ET
SPoT Advances Multi-Franchise Alliance with Tops in New York State
TORONTO, Oct. 15, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to report that it has signed its fourth franchise agreement with Tops Friendly Markets ("Tops"). This fourth SPoT Express with Tops, SPoT East Amherst, will be opening inside Tops store #227 at 9660 Transit Road in East Amherst, New York by early Q1, 2020.
Sep 03, 2019 07:52 am ET
SPoT Welcomes New Controller
TORONTO, Sept. 3, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to report that Mr. Robert Burchett will be joining the SPoT management team as the Company's Controller.
Aug 30, 2019 07:00 am ET
SPoT Deepens Multi-Franchise Alliance with Tops
TORONTO, Aug. 30, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to report that it has signed yet another SPoT Express franchise café agreement with Tops Markets, LLC ("Tops"), bringing the total number of SPoT Express café locations inside Tops' supermarkets so far this year to three (3).
Aug 23, 2019 09:14 am ET
SPoT Welcomes New Vice President of Human Resources
TORONTO, Aug. 23, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to report that Tamara T. Ballanti has joined our management team as the Company's new Vice President of Human Resources.
Aug 22, 2019 11:37 am ET
SPoT Announces Comprehensive Marketing Campaign
TORONTO, Aug. 22, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to report that it has retained the services of Trellis Marketing, Inc. and has launched a comprehensive marketing campaign targeted at:
Jul 18, 2019 09:23 am ET
SPoT Announces Multi-Franchise Alliance with Tops Supermarkets
TORONTO, July 18, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to announce that last week it has signed another franchise agreement with Tops Friendly Markets LLC ("Tops") to develop a second Spot Express in Tops Supermarket #239, located at 1740 Sheridan Drive, Buffalo, New York. The Company previously announced on June 28, 2019 that it had signed a franchise agreement with Tops to develop a first Spot Express in the newly renovated Tops Supermarket located at 3980 Maple Rd., Amherst, New York. The first Spot Express, which is already under develo
Jun 28, 2019 07:00 am ET
SPoT Coffee Provides Financial and Franchise Update
TORONTO, June 28, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to provide the following financial and franchise update.
May 01, 2019 12:58 pm ET
Spot Coffee Provides Financial, Franchise and Marketing Update
TORONTO, May 1, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") has released its audited financial statements along with its management discussion and analysis (MD&A) for the year ending December 31, 2019.
Jan 14, 2019 06:00 am ET
SPoT Coffee Reports Combined Corporate and Franchise Revenue for 2018
TORONTO, Jan. 14, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report the combined gross annual sales revenue of its corporate-owned, franchise and license cafés for the year 2018.
Jan 10, 2019 06:00 am ET
SPoT Coffee Announces 5 New Franchise Deposit Agreements
TORONTO, Jan. 10, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that at this early stage of the month of January of 2019, it has already signed five new franchise deposit agreements to develop five new Spot cafés. Locations for two of these franchise cafés in the city of Niagara Falls and the town of North Tonawanda, both in the State of New York, have been approved by the Company and secured. Development of these two cafés will commence as soon as their architectural designs have been completed and building permits issued. The third fra
Dec 03, 2018 06:00 am ET
SPoT Coffee Announces Net Profit from Operations of $136,218 for Q3, 2018
TORONTO, Dec. 3, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that it has released its Q3 Interim Financial Statements along with its Management Discussion and Analysis (MD&A) for the period ending September 30, 2018. The MD&A speaks in greater detail of management's implementation of new cost savings measures and improvements to revenue-generating lines of business. 2018 has been SPoT Coffee's busiest to date in terms of franchise growth, senior management organization and development, the implementation of cost-saving measures
Oct 22, 2018 07:00 am ET
SPoT Coffee Announces Issuance of Shares for Services
TORONTO, Oct. 22, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") announces the issuance of 810,000 common shares at a price of C$0.10 per share to a service provider in respect of the provision of various services, including but not limited to analyst research, media creation and web development. All of the common shares issued today are subject to a statutory four-month hold period in accordance with applicable securities laws, which will expire on February 23, 2019.
Aug 29, 2018 03:12 pm ET
SPoT Coffee opens Amherst café
TORONTO, Aug. 29, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that its newest franchise café, SPoT Coffee Amherst, will open for business on August 31st, 2018. As a precursor to this grand opening, the local community in Amherst, New York has been invited to a lunchtime community gathering on August 30th, 2018 to sample SPoT's award-winning food and coffee free of charge.
Jun 27, 2018 07:00 am ET
SPoT announces digital marketing program
TORONTO, June 27, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that it is in the final stage of developing a comprehensive, customized software program to grow franchise sales, improve brand awareness and engage new and existing Spot customers. The Company's management is keenly aware of the need for software solutions that allow it to speak directly with a broader audience of interested franchisees (both individual and multi-unit), valued patrons and new neighbourhood customers. The anticipated digital marketing and interaction pl
Jun 08, 2018 12:50 pm ET
SPoT Coffee welcomes new CFO
TORONTO, June 8, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") would like to extend its thanks to Mrs. Ying Chen, Spot's outgoing CFO, for her work with the Company over the last few years. During Ms. Chen's employment with the Company, it grew to 24 locations. The entire Spot family wishes her the best as she prepares to welcome a new child into her life.
Apr 11, 2018 07:00 am ET
New Spot franchises opening schedule
TORONTO, April 11, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that its Spot Coffee West Hartford franchise café in West Hartford, Connecticut, will commence operations with a soft opening on April 17, 2018 and a grand opening on April 30, 2018. Key members of the Spot Coffee management team, including the District Operations Manager for Saratoga Springs and Glens Falls, will be on site to assist Graciela Garcia, manager of Spot Coffee West Hartford, and her fully trained team during the first two weeks of operation.
Feb 12, 2018 06:00 am ET
Spot Coffee will be attending The 2018 New York/New Jersey Franchise Show
TORONTO, Feb. 12, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to announce that its franchise team, headed by Dan Hensley, Vice President of Franchise Operations, will be exhibiting Spot Coffee at the 2018 New York/New Jersey Franchise Show on Saturday, February 17 (11am until 5pm) and Sunday, February 18 (11am until 4pm) at booth 302/304 in the Main Hall of the Meadowlands Expo Center at 355 Plaza Drive, Secaucus, New Jersey.
Jan 31, 2018 07:47 am ET
Spot Coffee wins Roswell Park franchise location
TORONTO, Jan. 31, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to report that it has won another strategic franchise café location in Buffalo, New York. Spot Roswell Park will be located inside America's oldest and most prestigious cancer treatment hospital, the Roswell Park Comprehensive Cancer Center, which has been bringing together the best scientific and medical minds in the field of cancer care since 1898. Spot will be bringing its signature coffee, ambience and warmth to the patients, visitors and employees of Roswell Park in the form of a n
Jan 29, 2018 11:17 am ET
SPoT Coffee Wins West Seneca Franchise Location
TORONTO, Jan. 29, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report that it has won a strategic franchise location in the new West Seneca Community Center and Library ("CCL") in West Seneca, New York. Spot was selected as the location's preferred coffee company over a number of competitors. The new Spot West Seneca cafe will be located in the main entrance lobby of the complex.
Jan 12, 2018 06:00 am ET
SPoT Coffee provides new cafe opening timeline
TORONTO, Jan. 12, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to announce that its first drive-thru, located at Spot Transit Café in Clarence, NY, opened for business on December 28, 2017. The drive-thru is proving to be a successful initiative, with daily revenue steadily increasing since its opening. As a result, the Company now conservatively anticipates an increase in Spot Transit's annual revenue of US $250,000.
Dec 12, 2017 01:06 pm ET
SPoT Coffee Announces Acquisition of Collins Barrow by RSM
TORONTO, Dec. 12, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report that RSM International Ltd. ("RSM"), the accounting industry's sixth largest firm and a global provider of audit, tax and consulting services, has purchased Collins Barrow LLP, SPoT's new auditor. Accordingly, the Company's auditor is now RSM Canada (www.rsmcanada.com).
Nov 27, 2017 06:00 am ET
SPoT Coffee appoints Collins Barrow Toronto LLC auditor, provides update
TORONTO, Nov. 27, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report that, effective November 23, 2017, the Company has changed its auditor from Kreston GTA LLP to Collins Barrow Toronto LLP. SPoT's audit committee and board of directors have approved the change.
Nov 21, 2017 11:20 am ET
SPoT Coffee Announces Profit and Other Financial Results for Q3, 2017
TORONTO, Nov. 21, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") has released its financial and operating results for the third quarter ended September 30, 2017. SPoT's unaudited consolidated financial statements for the three and nine months ended September 30, 2017, together with its management discussions and analysis, are available on SEDAR under the Company's name.
Nov 07, 2017 07:00 am ET
SPoT Coffee reports significant sales increases
TORONTO, Nov. 7, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that the year-over-year same store sales of the following corporate-owned and franchise cafes have significantly increased during the past three months:
Oct 24, 2017 08:00 am ET
SPoT Coffee Will End 2017 With 26 Total Locations: 17 Operating and 9 in Development
TORONTO, Oct. 24, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") has noted an increased demand from its shareholders for information concerning where the Company stands in terms of the total number of SPoT cafes.
Oct 02, 2017 08:00 am ET
SPoT Coffee Provides Operations and Franchise Update
TORONTO, Oct. 2, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report the following:
Aug 14, 2017 08:00 am ET
SPoT Coffee Announces Q2 Net Profit and Other Financial Results
TORONTO, Aug. 14, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") has released its financial and operating results for the second quarter ended June 30, 2017. The company's unaudited consolidated financial statements for the three and six months ended June 30, 2017, together with management's discussions and analysis are available on SEDAR under the Company's name.
Aug 02, 2017 08:00 am ET
SPoT Coffee provides construction and operational update
TORONTO, Aug. 2, 2017 /CNW/ -SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that, upon obtaining the necessary building permit, has immediately begun construction of its first drive-thru, which will be added to its SPoT Transit location in Clarence, New York. The addition of the drive-thru provides an added revenue stream for this particular café, which is located in a high vehicular traffic area, in the form of a new "quick serve" option for patrons on the go.
Jul 18, 2017 08:00 am ET
SPoT Coffee announces opening of SPoT Express cafe in Waterfront Village in Buffalo, provides update
TORONTO, July 18, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce the official opening of its new Express cafe in Waterfront Village, Buffalo, on Wednesday, July 26, 2017. The official opening will be preceded by a soft opening a day earlier. The franchisee in this instance, Cedarland Foods LLC ("Cedarland Foods"), and SPoT Coffee, are very pleased with the design and high quality of the new SPoT Express and are looking forward for the commencement of its operation next week. The SPoT Express cafe in Waterfront Village is located at 50 Lak
Jun 27, 2017 08:00 am ET
SPoT Coffee Signs Two New Franchises
TORONTO, June 27, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that yesterday it entered into agreements with two (2) new franchisees to develop a Full SPoT café and a SPoT Express café in New York State. SPoT's new Full café will be designed to serve the community of the Town of Amherst, New York, while its new Express café will be located in Buffalo. The Company has identified and is presently negotiating a location for the Full SPoT franchise cafe in Amherst, New York, and is actively seeking a suitable location for the Express franc
Jun 13, 2017 08:00 am ET
SPoT Coffee announces brand ambassador Lorenzo Alexander of the Buffalo Bills
TORONTO, June 13, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is proud to announce that the acclaimed starting outside linebacker for the National Football League's Buffalo Bills, Lorenzo Alexander, will be joining SPoT Coffee as its official brand ambassador.
Jun 01, 2017 08:15 am ET
SPoT Coffee Confirms West Hartford, CT, Location for First New Franchise Outside NYS
TORONTO, June 1, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce that the location for its first SPoT Coffee franchise café outside the State of New York will be in the heart of the prestigious Blue Back Square development in West Hartford, Connecticut. Parisco Cafés, LLC, the franchisee in this instance, has confirmed to the Company that it agrees with suitability of this ideal 3,800 sq. ft. corner location.
May 31, 2017 08:30 am ET
SPoT Coffee announces first quarter 2017 financial and operating results
TORONTO, May 31, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") has released its financial and operating results for the first quarter ended March 31, 2017. The Company's consolidated financial statements, together with the notes related thereto, as well as management discussions and analysis for the first quarter ended March 31, 2017, and 2016, are now available on SEDAR.
May 16, 2017 10:48 am ET
SPoT Coffee announces increased debt conversion
TORONTO, May 16, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT Coffee" or the "Company") is pleased to announce that its previously announced conversion of $75,000 of principal amount under the terms of two convertible debentures (in the aggregate principal amount of $150,000) has been increased, as the holder of these debentures has agreed to convert the full principal amount of these debentures ($150,000) into common shares of the Company at a price of $0.18 per share. Upon completion of this conversion, the convertible debentures will be fully settled and the Company will hav
May 08, 2017 07:45 am ET
SPoT Coffee announces debt conversion into equity
TORONTO, May 8, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report that Curvature Market Neutral Fund and Curvature Fund LP have given their formal notice to the Company to convert a total of $75,000 under the terms of their two convertible debentures of $150,000 in total giving them the option to convert any part of or the whole loans into Company shares at the conversion price of $0.18 per share.
May 01, 2017 10:44 pm ET
SPoT Coffee Announces Year End 2016 Financial and Operating Results
TORONTO, May 1, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") has released its financial and operating results for the year ended December 31, 2016. All dollar values are expressed in Canadian dollars. The Company's Audited Consolidated Financial Statements, together with the notes related thereto, as well as Management Discussions and Analysis for the years ended December 31, 2016 and 2015 are available on SEDAR under the Company's name.
Apr 18, 2017 09:36 am ET
SPoT Coffee Signs Franchise Agreement for Waterfront Village in Buffalo, Provides Update
TORONTO, April 18, 2017 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to report that it has entered into a franchise agreement with Cedarland Foods, LLC to develop a SPoT Express café in Waterfront Village located at 50 Lakefront Blvd, Buffalo, N.Y. SPoT Waterfront Village is scheduled to open in the first week of July, 2017.
Apr 12, 2017 07:30 am ET
SPoT Coffee Provides an Update on its Franchise Activities
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to provide an overview of its current operations as well as a brief report on its franchising activities.
Apr 12, 2017 07:28 am ET
SPoT Coffee Provides an Update on its Franchise Activities
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to provide an overview of its current operations as well as a brief report on its franchising activities. At the present time, SPoT has a combined total of...
Feb 27, 2017 01:53 pm ET
SPoT Coffee Announces Final Agreement With PCL, Provides Financial Update
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce that it has reached an agreement with Parisco Cafes LLC ("PCL") whereby PCL will pay to the company, as outlined in its recently delivered Letter of Intent, the one-time franchise fees of USD 150,000 (USD 30,000 per cafe) and a monthly royalty fee of 5%, as well as an advertising fee of 1.5% of gross revenue generated by the 5 franchise cafes. All advertising fees collected from PCL and other franchisees will be spent on local and regional marketing campaigns.
Feb 27, 2017 01:53 pm ET
SPoT Coffee Announces Final Agreement With PCL, Provides Financial Update
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that it has reached an agreement with Parisco Cafés LLC ("PCL") whereby PCL will pay to the company, as outlined in its recently delivered Letter of...
Feb 22, 2017 08:30 am ET
SPoT Coffee Receives Commitment for 5 New Cafés
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce that Parisco Cafes LLC ("PCL"), a New York limited liability company, has formally indicated in writing that it intends to purchase five SPoT Coffee franchise cafes. PCL intends to build the first two SPoT franchise cafes this year, with construction commencing in May, 2017. The three remaining franchises will be built to commence operations in 2018, with construction of the first starting no later than September, 2017.
Feb 22, 2017 08:28 am ET
SPoT Coffee Receives Commitment for 5 New Cafés
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that Parisco Cafés LLC ("PCL"), a New York limited liability company, has formally indicated in writing that it intends to purchase five SPoT...
Feb 06, 2017 01:18 pm ET
SPoT Coffee Provides Update on Key Initiatives
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that it has launched its new website complete with cafe and catering menus, updated corporate and franchise locations and contact information, and a new...
Feb 06, 2017 01:18 pm ET
SPoT Coffee Provides Update on Key Initiatives
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce that it has launched its new website complete with cafe and catering menus, updated corporate and franchise locations and contact information, and a new integrated coffee and merchandise ecommerce ordering system. The Company's new website is designed to provide SPoT with a strong online platform for its social media campaigns, customer interaction programs and retail sales.
Jan 11, 2017 08:00 am ET
SPoT Coffee Appoints Franchise Vice President
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce the appointment of Ms. Megan Burns-Moran of Depew, New York, as the Vice President of Franchise Operations. With her skillset in strategic and mission planning, public speaking, public relations and sales, Ms. Burns-Moran brings to SPoT a wealth of experience to drive the Company's franchise growth.
Jan 11, 2017 07:58 am ET
SPoT Coffee Appoints Franchise Vice President
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce the appointment of Ms. Megan Burns-Moran of Depew, New York, as the Vice President of Franchise Operations. With her skillset in strategic and mission...
Jan 06, 2017 01:04 pm ET
SPoT Coffee Opens New Franchise in Kenmore, NY
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that its latest franchise café in Kenmore Village, New York State, officially opened for business today, Friday, January 6th, 2017. "With the...
Jan 06, 2017 01:04 pm ET
SPoT Coffee Opens New Franchise in Kenmore, NY
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce that its latest franchise cafe in Kenmore Village, New York State, officially opened for business today, Friday, January 6th, 2017.
Dec 19, 2016 12:53 pm ET
SPoT Coffee Announces New Franchise Agreement
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce it has signed a new franchise agreement for its SPoT Transit café located in the commercial neighborhood of Transit Road in Buffalo. Under the terms of...
Dec 19, 2016 12:53 pm ET
SPoT Coffee Announces New Franchise Agreement
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce it has signed a new franchise agreement for its SPoT Transit cafe located in the commercial neighborhood of Transit Road in Buffalo. Under the terms of the agreement, the franchisee has paid the USD 30,000 initial franchise fee along with a further USD 75,000 for the construction of a modern drive-thru system for the location.
Nov 24, 2016 11:00 am ET
Spot Coffee Closes Private Placement
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") announces the closing of its previously announced issuance of units (each a "Unit") at a price of C$0.06 per Unit. An aggregate of 8,280,000 Units have been issued by way of a non-brokered private placement financing for aggregate gross proceeds of $496,800. Each Unit consists of one common share of SPoT (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to acquire one additional Common Share at a
Nov 24, 2016 10:58 am ET
Spot Coffee Closes Private Placement
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") announces the closing of its previously announced issuance of units (each a "Unit") at a price of C$0.06 per Unit. An aggregate of 8,280,000 Units have been issued by way of a...
Nov 07, 2016 12:54 pm ET
SPoT Coffee Announces Annual Meeting Results
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") announces that its annual and special meeting of shareholders was held on November 4th, 2016 and that all resolutions presented for consideration were approved by the shareholders, including the (re)election of the following individuals as directors of the Company: Anton Ayoub, John Lorenzo, Hassan Dahlawi, Raymond J. Stapell, Glenn Abadir and Khaled Alhamdan.
Nov 07, 2016 12:54 pm ET
SPoT Coffee Announces Annual Meeting Results
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") announces that its annual and special meeting of shareholders was held on November 4th, 2016 and that all resolutions presented for consideration were approved by the...
Oct 17, 2016 06:01 pm ET
SPoT Coffee Announces Private Placement
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce a non-brokered private placement offering of up to 8,250,000 units (each a "Unit") at a price of C$0.06 per Unit for aggregate gross proceeds of up to C$495,000. Each Unit will consist of one common share of SPoT (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant issued under this equity financing will entitle the holder to acquire one additional Common Share at a price of $0.08 for a period of 4
Oct 17, 2016 06:01 pm ET
SPoT Coffee Announces Private Placement
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce a non-brokered private placement offering of up to 8,250,000 units (each a "Unit") at a price of C$0.06 per Unit for aggregate gross proceeds of up to...
Sep 14, 2016 07:00 am ET
SPoT Coffee Provides Update on Operations
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce that the Company has received two additional franchise deposits for locations in the greater Buffalo area. The two franchises include a full SPoT cafe and a SPoT Express cafe. The Company is presently in the process of negotiating leases for these cafes. Furthermore, SPoT Kenmore, the Company's newest franchise cafe, which is located in the heart of Kenmore Village, is nearing completion and is on track to be open for its community in Q4 2016. SPoT's newest operating franchise
Sep 14, 2016 06:58 am ET
SPoT Coffee Provides Update on Operations
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that the Company has received two additional franchise deposits for locations in the greater Buffalo area. The two franchises include a full SPoT café...
Jun 30, 2016 03:37 pm ET
SPoT Coffee Announces Financing and Shares for Debt Closing
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") announces the closing of its previously announced issuance of units (each a "Unit") at a price of C$0.05 per Unit. An aggregate of 14,146,600 Units have been issued by way of...
Jun 30, 2016 03:37 pm ET
SPoT Coffee Announces Financing and Shares for Debt Closing
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") announces the closing of its previously announced issuance of units (each a "Unit") at a price of C$0.05 per Unit. An aggregate of 14,146,600 Units have been issued by way of a non-brokered private placement financing for aggregate gross proceeds of $707,330. A further 848,900 Units have been issued by way of a Shares-for-Debt submission in accordance with TSX Venture Exchange rules and policies pursuant to which outstanding indebtedness in the aggregate amount of $42,445 has been retired.
Jun 20, 2016 06:01 pm ET
SPoT Coffee Obtains Commitments for $750,000 in Equity Financing
SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that the Company has obtained commitments for a private placement financing (the "Private Placement") of units (each an "Equity Unit"), which will result in...
Jun 20, 2016 06:01 pm ET
SPoT Coffee Obtains Commitments for $750,000 in Equity Financing
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce that the Company has obtained commitments for a private placement financing (the "Private Placement") of units (each an "Equity Unit"), which will result in total proceeds of $750,000. Investors under the equity financing will be issued 15,000,000 Equity Units at a price of $0.05 per Equity Unit, with each Equity Unit consisting of one common share of SPoT (a "Common Share") and one-half of one common share purchase warrant. Each whole warrant issued
May 16, 2016 05:10 pm ET
IIROC TSXV Business Resumption - SPP
VANCOUVER, May 16, 2016 /CNW/ - Trading resumes in:
May 05, 2016 09:00 am ET
IIROC Trading Halt - SPP
VANCOUVER, May 5, 2016 /CNW/ - The following issues have been halted by IIROC:
Mar 08, 2016 10:28 am ET
SPoT Coffee Announces 15% Same Store Sales Increase, Sells Multiple Additional Franchises
SPOT COFFEE (CANADA) LTD. (TSX VENTURE: SPP) ("SPoT" or the "Company") is pleased to announce that it has achieved record corporate sales in 2015, with same store sales increasing by 15% for the three months ending February 29th 2016, compared to the same period the year before. The company continues to see increased revenue from its franchise program, as well as consistent growth in commercial accounts.