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Delota Corp. Capital/Financing Update 2021

Jul 8, 2021

47207_rns_2021-07-08_efba0254-bc18-460a-8f7b-8437f8c78bba.pdf

Capital/Financing Update

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Notice Declaring Intention to be Qualified under National Instrument 44-101 – Short Form Prospectus Distributions (“NI 44-101”)

To: Alberta Securities Commission, as Principal Regulator

And To: British Columbia Securities Commission Ontario Securities Commission

Re: Notice Declaring Intention to be Qualified under NI 44-101

Spyder Cannabis Inc. (the “ Issuer ”) intends to be qualified to file a short form prospectus under NI 44-101. The Issuer acknowledges that it must satisfy all applicable qualification criteria prior to filing a preliminary short form prospectus. This notice does not evidence the Issuer’s intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. This notice will remain in effect until withdrawn by the Issuer.

Dated: July 8, 2021.

SPYDER CANNABIS INC.

signed "Cameron Wickham" By: Cameron Wickham Chief Executive Officer