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Jetlines Confirms SmartLynx Commitment and Provides Commercial and Operational Updates

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Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the "Company" or "Jetlines") announces that SmartLynx Airlines SIA ("SmartLynx") remains committed to Jetlines and has agreed to extend the funding milestone under the definitive subscription agreement. The new deadline is September 30, 2019, such completion date subject to further extension or waiver by SmartLynx based on its assessment of corporate progress (see update below on commercial and operational progress).

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This press release was sourced from Jetlines on 03-Sep-2019.