Flow Capital Announces the Buyout of Its Investment in Spiridon Technologies Ltd.
TORONTO, April 8, 2021 – Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) announces that Spiridon Technologies Ltd. (“Spiridon”) has agreed to a buyout of Flow Capital’s royalty investment for US$425,000 in cash proceeds. This represents a cash-on-cash return of approximately 1.7x over 24 months. “The team at Spiridon is bringing together a