Spur Tree Spices Jamaica Limited (SPURTREE) Enters Agreement with Canco Limited

The Board of Directors of Spur Tree Spices Jamaica Limited has executed and entered into (i) a Share Subscription Agreement with Canco Limited (CANCO) dated October 3, 2022 and (ii) a Share Purchase Agreement with shareholders of CANCO dated October 3, 2022 which will result in the Company holding a 51% shareholding in CANCO.  CANCO is in the business of agri-processing and trades as “Linstead Market Jamaica”.  Its leading product is canned ackee.