(TheNewswire)
Waterloo, Ontario – TheNewswire- March 30, 2021 - SponsorsOne Inc., (CSE:SPO) (CNSX:SPO.CN), (Frankfurt:5SO), (OTC:SPONF) the company that disrupts brand creationand demand creation through large, engaged, authentic communities ofnetwork influencers that buy and support the brands they love,announces results for its meeting (the “Meeting”) of shareholdersheld today.
Following the Meeting, SPO provided a corporate updateon operational matters which can be accessed here:
https://sponsorsone.com/investor/
The Shareholders approved the following matters at theMeeting:
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-- The election of directors asfollows:
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- Myles Bartholomew
- Gary Bartholomew
- Doug Beynon
- Witold Ostrenko
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-- The appointment of PriceWaterhouse Coopers LLP, Chartered Accountants, as auditors of theCompany for the ensuing year.
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-- The continuation of SPO’scorporate jurisdiction from the Province of Ontario to the Province ofBritish Columbia.
Immediately following the Meeting, the Board ofDirectors appointed the following officers for the ensuingyear:
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-- Myles Bartholomew, Presidentand Chief Executive Officer
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-- Gary Bartholomew, ExecutiveChairman
About SponsorsOne
SponsorsOne is the leader in the next evolution ofbrand creation and demand creation through influencer marketing,storytelling, and digital-commerce with the SponsorCoin platform andits highly scalable – digital-currency. Combined, this allows thebrands to build and manage exclusive and highly engaged communities ofinfluencers (from pro to micro-influencers) within the social realm.The SponsorCoin platform provides for data-driven marketing campaignsthat will change the way brands connect with their customers. SponsorCoin is a tool for brands to inspire real movements aroundtheir products and services. Their most valuable customers becometheir best salespeople, producing far higher ROI than current socialmedia advertising methods. SponsorsOne, through its wholly-ownedsubsidiary, SponsorsOne Media Inc., provides full creative and Brandbuilding/management services to all our Brands and manages theinfluencer communities for each Brand. For making the Brand big, ourwholly-owned subsidiary S1 Brands Inc. builds wholesale/retaildistribution channels for the Brand, acting as a master distributor. S1 Brands provides sales and marketing on behalf of the Brand to itsvast network of national wholesalers and retailers and providespurchase order financing to assist the Brand fulfilling every order. Premier Beverage Consortium LLC, is a wholly owned subsidiary and isbrand building for the global spirits market with its flagship“Ready to Drink” product called Doc Wylders. Ownership of theBrand combined with distribution, digital marketing innovation, andcapital is the winning formula to build the next billion-dollar Brand.To learn more, please visit www.sponsorsone.com
Contact: info@sponsorsone.com
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
To learn more, please visit www.sponsorsone.com
The Canadian Securities Exchange ("CSE") has neitherapproved nor disapproved the contents of this Press Release.
Forward-Looking Statements
This news release contains forward-looking statementsand information that are based on the beliefs of management andreflect the Company's current expectations. When used in this newsrelease, the words "estimate", "project","belief", "anticipate", “intend","expect", "plan", "predict","may" or "should" and the negative of these wordsor such variations thereon or comparable terminology, are intended toidentify forward-looking statements and information. Such statementsand information reflect the current view of the Company with respectto risks and uncertainties that may cause actual results to differmaterially from those contemplated in those forward-looking statementsand information.
By their nature, forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause actual results, performance or achievements, or other futureevents, to be materially different from any future results,performance or achievements expressed or implied by suchforward-looking statements. Such factors include, among others, thefollowing risks:
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- risks associated with marketing and sale ofsecurities
- the need for additional financing requirements andaccess to capital, reliance on key personnel
- the potential for conflicts of interest among certainofficers or directors with certain other projects
- the volatility of the volume and price of the CommonShares, the failure of the business strategy, the integrity of theCompany's patents and proprietary intellectual property andcompetition.
The Company cautions that the foregoing list of riskfactors is not exhaustive and is subject to change and there can be noassurance that such assumptions will reflect the actual outcome ofsuch items or factors. When relying on the Company's forward-lookingstatements and information to make decisions, investors and othersshould carefully consider the foregoing factors, and otheruncertainties and potential events, including the risk factors, setout in the Company's Listing Statement. The Company has assumed acertain progression, which may not be realized. It has also assumedthat the material factors referred to above will not cause suchforward-looking statements and information to differ materially fromactual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWSRELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OFTHIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCHDATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKINGINFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHERDATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATETHIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED INACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
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