TRIDENT BRANDS INCORPORATED ANNOUNCES NEW INVESTOR AGREEMENT TO CONVERT DEBT TO EQUITY

Brookfield, WI – (NewMediaWire) – December 3, 2020 – Trident Brands Inc. (OTCQB: TDNT) announced today that LiUNA Pension Fund of Central and Eastern Canada (“LPF”) through Fengate Trident LP (“Fengate”), the holder of $22.3 million in principal amount of Trident debt, agreed on November 30, 2020 (the “Agreement”) to convert into Trident equity an aggregate of $17.7 million of principal and accrued interest, comprised of $12.3 million in principal amount of convertible notes and $5.4 million of accrued interest.

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