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. Its principal business activities include the production, marketing and sale of wine, and through its agency division, operating as Trajectory Beverage Partners (TBP), distribution and marketing activities for various beverage alcohol brands. Its brands include Twenty Bees, Creekside, EastDell, Mindful, Lakeview Wine Co., Shiny Apple Cider & Fresh Wines, and Backyard Vineyards. These products are available at government liquor boards, grocery stores and licensed establishments across Canada. It operates four production facilities, three in Ontario and one in British Columbia. The Company distributes a complementary portfolio of international wines and spirits through a subsidiary. TBP 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

Bullboard Posts

Post by Magnumon May 22, 2017 10:03pm

97 Views

Post# 26271422

40 MM free trading shares...

40 million common shares ("Common Shares") at a price of $0.22 per Common Share for total gross proceeds of $8.8 million (including the exercise, in full, of the Agents' over-allotment option). Paradigm Capital Inc. and GMP Securities L.P. (the "Agents") acted as agents in respect of the Offering. The Common Shares issued pursuant to the Offering are subject to a hold period expiring April 21, 2017. Read more at https://www.stockhouse.com/news/press-releases/2016/12/20/diamond-estates-wines-and-spirits-completes-8-8-million-private-placement#RzIY0EDbb0Ao516x.99

Bullboard Posts

Cybin launches new program phase to treat Major Depressive Disorder