Geyser Brands Inc. Announces Signing of Letter of Intent to Acquire Brands

Geyser Brands Inc. wishes to provide an update in relation to the non-binding letter of intent entered into between the Company and Solace Management Group Inc., which contemplates the acquisition by the Company of all of the issued and outstanding shares of Solace by way of a share purchase, share exchange or similar transaction following a review of all relevant legal, regulatory and tax matters, as initially announced by news release on February 11, 2019.