SBD Capital Corp. Provides Corporate Update

Toronto, Ontario--(Newsfile Corp. - June 11, 2020) -  SBD Capital Corp. (CSE: SBD), (the "Company") announces it is continuing to execute against its current business plan, while also exploring various alternatives of financing for the company and business strategy. The Company acknowledges the given market conditions and challenges due to the global pandemic, and is looking to several options to attract new funding, not limited to, but may include, share consolidation and further dilution to its shareholders.

The Company will provide further information as it becomes available.

On behalf of the Board,

SBD Capital Corp.
Arvin Ramos, Chief Financial Officer

(416) 361-2515

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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