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Voyageur Secures First International Sales Contract worth US$1.9 Million (click to learn more)
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Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

Consumer Defensive Beverages - Wineries & Distilleries
Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders, as well as a sales agent for over 120 beverage alcohol brands across Canada. The Company operates five production facilities, four in Ontario and one in British Columbia, which produce predominantly VQA wines under brand names, such as 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile, Shiny Apple Cider, Fresh, Proud Pour, Red Tractor, Seasons, Serenity, Persona and Backyard Vineyards. The company also markets Niagara wine to liquor boards, grocery stores and licensed establishments in Canada, Asia and Europe. In addition, the Company distributes a complementary portfolio of international wines and spirits through a subsidiary. Through its commercial division, Trajectory Beverage Partners, the Company is the sales agent for many international brands in all regions of the country, as well as being a distributor in the western provinces.


TSXV:DWS - Post by User

Diamond Estates Wines & Spirit Inc > What is the DELAY????
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Comment by screamer99on Aug 16, 2023 11:34pm
156 Views
Post# 35592241

RE:RE:What is the DELAY????

RE:RE:What is the DELAY????And... BAM!!! Nearly 75% dilution. For what? to pay debt and ACCOUNTS PAYABLE???

Don't say you weren't warned - nearly two years ago!

BB post

The issuance price is a joke and is an attempt to put a floor in the SP.  Lassonde will be the eventual owner, but not because of an offer that is at a premium of the SP. They'll need to continue funding the company because the lenders will not put in more money.

This will continue to head in one direction.
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