Flow Beverage Corp. Completes Private Placement

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) is pleased to announce it has completed a non-brokered private placement (the “Offering”), raising gross proceeds of $1,812,440 through the issuance of 6,473,000 subordinate voting shares (“SV Shares”) at a price of $0.28 per SV Share, to a single investor, RI Flow LLC (the “Investor”).

All SV Shares issued under the Offering are subject to a four-month and one-day hold period in accordance with applicable Canadian securities laws and such other further restrictions as may apply under applicable foreign securities laws. The Offering remains subject to the final approval of the Toronto Stock Exchange (“TSX”).

The gross proceeds from the Offering will be used by the Company for working capital and general corporate purposes.

Flow has also entered into a subscription agreement with the Investor pursuant to which the Investor has agreed to acquire an additional 5,577,000 SV Shares at a price of $0.28 per SV Share for additional gross proceeds of $1,561,560, subject to satisfaction of certain conditions including the approval of the TSX (the “Second Offering”).

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Early Warning Disclosure

Prior to the Offering, NFS Leasing Canada Ltd., (“NFS Canada”) owned, and Clifford L. Rucker and NFS Leasing, Inc. (“NFS”) beneficially owned, or had control or direction over, warrants convertible into 6,126,880 SV Shares (the “Warrants”), representing approximately 10.64% of the issued and outstanding SV Shares and 5.12% of the voting rights attached to all of the Company’s outstanding voting securities, on a partially diluted basis (based upon 51,454,684 SV Shares and 6,214,566 multiple voting shares of the Company (the “MVS”) outstanding prior to giving effect to the Offering, each of which MVS entitles the holder to the voting rights of ten SV Shares).