CLC announces settlement of lawsuit brought by former CFO Richard Nickelson

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Creative Learning Corporation announces settlement of lawsuit brought by former Chief Financial Officer Richard Nickelson

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Creative Learning Corporation (OTCQX: CLCN)(“CLC” or the “Company”) announced today that it has entered into a settlement agreement to resolve the lawsuit brought against the Company by former Chief Financial Officer Richard Nickelson, as further reported in the Company’s related Form 8-K filing with the U.S. Securities and Exchange Commission. Both the Company and Mr. Nickelson are happy to have resolved the case and each party views the settlement as containing favorable elements addressing their respective interests. The Company thanks Mr. Nickelson for his service to the Company.

Stockholders who desire to receive copies of CLC press releases directly from the Company should register by emailing the Company at: investorrelations(at)creativelearningcorp(dot)com. Inquiries regarding this press release should also be directed to that web address.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of forward-looking terminology, including the words “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “potential,” “projects,” “predicts,” “continue,” or “should,” or, in each case, their negative or other variations or comparable terminology. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual future results to differ materially from those projected or contemplated in the forward-looking statements.

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