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JONES SODA CO. PROVIDES UPDATE ON PRIVATE PLACEMENT By Investing.com

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SEATTLE, Aug. 16, 2024 /PRNewswire/ — Jones Soda Co. (“Jones Soda” or the “Company“)  (CSE:  JSDA, OTCQB: JSDA) needs to offer an replace on the personal placement financing of models consisting of (i) one (1) frequent share within the capital of the Firm and (ii) onehalf (1/2) of 1 removable share buy warrant for gross proceeds of up to US$5,000,000 initially introduced within the Firm’s information launch dated August 1, 2024 (the “Offering“). The Firm has presently accomplished two tranches of the Providing for mixture proceeds of US$3,653,960. The Firm intends to finish a 3rd and closing tranche of the Providing no later than August 21, 2024.

Not one of the securities being supplied and offered within the Providing have been registered underneath the USA Securities Act of 1933, as amended, (the “U.S. Securities Act“) on the time of the Providing, nevertheless, such securities embrace registration rights. Not one of the securities issued within the Providing or any underlying securities could also be supplied or offered in the USA absent registration underneath the U.S. Securities Act and all relevant state securities legal guidelines or an relevant exemption from such registration necessities.

This information launch shall not represent a suggestion to promote, or a solicitation of a suggestion to purchase, any securities in the USA, and shall not represent a suggestion, solicitation or sale of any securities in any state or jurisdiction through which such a suggestion, solicitation or sale can be illegal. This information launch is being issued pursuant to and in accordance with Rule 135c underneath the U.S. Securities Act.

About  Jones Soda

Jones Soda Co. ® (CSE: JSDA, OTCQB:  JSDA) is a number one developer of sodas and cannabis-infused drinks identified for his or her premium style, distinctive flavors and unconventional model persona. Launched in 1996 as the unique craft soda model, the Firm as we speak markets a various portfolio of sodas, mixers and wellness drinks underneath the Jones ® Soda model in addition to a line of award-winning hashish drinks and edibles leveraging Jones’ trademark flavors underneath the Mary Jones model. For extra info, go to  www.jonessoda.com,  www.myjones.com, or  https://gomaryjones.com.

Contacts
David Knight, President and Chief Government Officer
1-206-624-3357

Investor Relations
Cody Cree (NYSE:)Gateway Group, Inc.
1-949-574-3860
JSDA@gateway-grp.com

The CSE doesn’t settle for accountability for the adequacy or accuracy of this launch.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary  Statements  Relating to  AheadTrying  Data

This information launch could include aheadwanting info throughout the which means of relevant securities laws in each Canada and the USA, which replicate administration’s present expectations relating to future occasions. Such  info  contains, with out  limitation,  info  relating to  the  completion and timing of a 3rd tranche of the  Providing.  Though the  Firm  believes that  such  info  is  cheap,  it  can  give no assurance that such expectations will show to be appropriate.

Aheadwanting info is usually recognized by phrases similar to: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “postulate” and comparable expressions, or are these, which, by their nature, discuss with future occasions. The Firm cautions buyers that any aheadwanting info offered by the Firm will not be a assure of future outcomes or efficiency and that such aheadwanting info is predicated upon quite a few estimates and assumptions of administration in mild of administration’s expertise and notion of traits, present situations and anticipated developments, in addition to different components that administration believes to be related and cheap within the circumstances, as of the date of this information launch together with, with out limitation,  that  the  Firm  will  be  ready  to  full a 3rd tranche of the Providing or make the most of  the  internet  proceeds of  the  Providing  in  the  method meant; that normal enterprise and financial situations won’t change in a cloth antagonistic method;  and  assumptions  relating to  political  and  regulatory  stability and  stability  in  monetary  and capital markets.

Aheadwanting statements contain identified and unknown dangers, uncertainties and different components which can trigger the precise outcomes, efficiency or achievements of the Firm to vary materially from any future outcomes, efficiency or achievements expressed or implied by the aheadwanting  statements.  Such  dangers  and  different  components embrace,  amongst  others: the chance that the Firm is unable to finish a 3rd tranche of the Providing; the  danger  that  the Firm could not be capable to use the proceeds of the Providing as meant; the state of the monetary markets for the Firm’s securities; the  Firm’s capacity to boost the required capital or to be totally capable of implement its enterprise methods; and different dangers and components that the Firm is unaware of right now.

The aheadwanting statements contained on this information launch are made as of the date of this information  launch.  The  Firm disclaims  any  intention or  obligation  to  replace  or  revise  any  ahead wanting  statements,  whether or not as  a  end result  of  new  info,  future occasions  or  in any other case,  besides  as required by legislation.

 

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