JONES SODA CO. ANNOUNCES CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT OF UNITS

SEATTLE, Aug. 1, 2024 /PRNewswire/ — Jones Soda Co. (“Jones Soda” or the “Company“) (CSE: JSDA) (OTCQB: JSDA) is pleased to announce that it has closed the second tranche of its previously announced private placement offering of units of the Company (the “Offering“) composed of: (i) one (1) common share in the capital of the Company (each, a “Common Share“); and (ii) one‐half (1/2) of one detachable share purchase warrant (each whole warrant, a “Warrant“, and together with a Common Share, a “Unit“) for aggregate gross proceeds of $640,000 in the second tranche of the Offering and $3,653,960 in the Offering to date.

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