Sept 26 (Reuters) - SBD Capital Corp SBD.CD :
* SBD CAPITAL TO ACQUIRE CANNABIS BEVERAGE AND LIFESTYLE BRAND DRIP BEVERAGES
* SBD CAPITAL CORP - HAS EXECUTED A NON-BINDING LETTER OF INTENT ("LOI") WITH DRIP BEVERAGES INC.
* SBD CAPITAL CORP - COMPANIES EXPECT TO ENTER INTO A DEFINITIVE BINDING AGREEMENT IN COMING WEEKS
* SBD CAPITAL - PROPOSED NON-ARM'S LENGTH TRANSACTION OUTLINED IN LOI PROVIDES FOR PROVISION OF 10 MILLION SHARES AT A PRICE OF $0.12 PER COMMON SHARE