Glow Lifetech Provides Commercial & Corporate Update; Launches New Key Accounts, Advances National Expansion

Executive Summary

• Glow Lifetech announced a new retail partnership placing its MOD™ products in over 60 One Plant stores across Ontario and Saskatchewan.
• Completed its first product shipment to Saskatchewan, securing 10 product listings for the MOD™ and .decimal™ brands.
• The company will issue up to 714,286 common shares at $0.07 per share to settle approximately $50,000 of outstanding debt, preserving cash for working‑capital needs.

Key Details

• Retail Expansion: MOD™ products now available in 60+ One Plant locations (Ontario & Saskatchewan), expanding Glow’s national distribution footprint.
• First Saskatchewan Shipment: Initial rollout includes 10 product listings across the MOD™ and .decimal™ brands, marking the company’s first major push into Western Canada.
• Debt Settlement Financing: Up to 714,286 common shares to be issued at a deemed price of $0.07 per share, settling up to ~$50,000 of debt. Shares will be subject to a four‑month‑plus‑one‑day hold period under securities regulations.
• Use of Proceeds: Settlement preserves cash for working capital and supports ongoing growth initiatives.

Notable Quotes

“Launching with One Plant marks another important expansion into one of Canada’s leading retailers… we are well‑positioned to continue deepening our footprint in Ontario and leveraging that success to grow our national reach.” – Rob Carducci, CEO

Materiality Assessment: Non‑Material – Positive (the financing amount is modest, but the retail expansion and first Western Canada shipment represent positive operational developments).