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Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

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

Post by Possibleidiot01on Aug 17, 2023 7:48am
237 Views
Post# 35592436

out of the blue , Proposed Non-Brokered Financing

out of the blue , Proposed Non-Brokered Financing Deal result - "Accordingly, following the Financing, the Settlement and the conversion of all of the Debentures, the Lassonde Group would own approximately 33,408,774 common shares, representing approximately 60.39% of the then issued and outstanding common shares (assuming no additional issuance or conversion of securities)."

And we get confirmation Lassonde was the related party

Diamond Estates Wines & Spirits Announces Receipt of $750,000 Loan from a Related Party, and issuance of DSUs

Business Wire May 30, 2023
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