Sunday, August 05, 2018 9:37:13 AM
Vancouver, BC, August 1, 2018 — Bray Limited Partnership (“Bray”) reports that on July 6, 2018, Bray
acquired beneficial ownership of 21,104,073 common shares (the “Common Shares”) in the capital of
Sproutly Canada, Inc., formerly Stone Ridge Exploration Corp. (the “Company”), representing 17.1% of
the outstanding common shares of the Company (based on 123,060,267 Common Shares of the Issuer
outstanding upon closing of the RTO, as defined below).
The Company issued 9,958,614 of the Common
Shares to Bray at a deemed issue price of Cdn.$0.2464 per share and 10,839,984 of the Common Shares
at a deemed issue price of Cdn.$0.2415 per share in exchange for 10,399,299 common shares of Sproutly,
Inc. (“Sproutly”)
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