Diamond Estates Wines & Spirits Announces Voting Results from Its Annual General and Special Meeting of Shareholders
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - October 29, 2020) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") announced the results of voting at its annual general and special meeting of shareholders held today in Toronto. The voting results for the election of directors were as follows: Director NomineesNumber of SharesPercentage of Votes Cast
2020-10-29 7:01 PM EDT
Diamond Estates Wines & Spirits Adds $2.75M BCAP Loan
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - October 27, 2020) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") is pleased to announce that it has partnered with its existing lender, Bank of Montreal ("BMO") to obtain a $2,750,000 Business Credit Availability Program loan (the "BCAP Loan") through the federal program offered by Export Development Corporation ("EDC"). The BCAP loan has an interest rate of 1.25% above prime, extends to July 1, 2022 to...
2020-10-27 5:01 PM EDT
Diamond Estates Wines & Spirits Reports Q1 2021 Financial Results
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - August 31, 2020) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announced its financial results for the three-month period ended June 30, 2020 ("Q1 2021"). Q1 2021 Summary: Revenue was $5.9 million, a decline of 18.5% from $7.3 million in the three months ended June 30, 2019 ("Q1 2020"). The revenue decline was due primarily to the negative impact of COVID-19, which resulted in the closure of most...
2020-08-31 11:47 AM EDT
Diamond Estates Wines & Spirits Reports Fiscal 2020 Financial Results
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - July 28, 2020) - Diamond Estates Wines & Spirits Inc. (TSXV:DWS) ("Diamond Estates" or "the Company") today announced its financial results for the three and 12-month periods ended March 31, 2020 ("Q4 2020" and "FY 2020" respectively). FY 2020 Summary: Revenue was $26.8 million, a decline of 4.7% from $28.1 million in the 12-month period ended March 31, 2019 ("FY 2019"). The decrease was primarily related to continued softness in winery export...
2020-07-28 9:43 AM EDT
Diamond Estates Wines and Spirits Announces Amendment to Credit Facilities with Bank of Montreal and Issuance of Bonus Warrants
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - July 27, 2020) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) (the "Company" or "Diamond Estates") (http://www.diamondestates.ca), today announced that, effective July 24, 2020, the Company has entered into an amendment (the "Amendment") to its credit facilities agreement (the "Facilities Agreement") with Bank of Montreal (the "Lender") made as of September 29, 2017, as amended. Under the Facilities Agreement, the Lender provides Diamond...
2020-07-27 8:00 AM EDT
Diamond Estates Wines & Spirits Completes $2.3 Million Private Placement
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - October 30, 2019) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) (the "Company" or "Diamond Estates") (http://www.diamondestates.ca) is pleased to announce that it has closed its previously announced private placement offering (the "Private Placement") of 12,233,805 common shares ("Common Shares") at a price of $0.19 per Common Share for total gross proceeds of $2,324,423. Directors, officers and other insiders of the Company subscribed for...
2019-10-30 3:07 PM EDT
Diamond Estates Wines & Spirits Reports Issuance of Deferred Share Units
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - September 5, 2018) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announced that it has issued deferred share units ("DSUs") to its directors. Under the amended DSU plan, approved by shareholders on September 27, 2016, the Company has issued an aggregate of 259,167 DSUs to non-executive directors under the Company's deferred share unit plan in settlement of $77,750 of deferred directors'...
2018-09-05 4:47 PM EDT
Diamond Estates Wines and Spirits Completes $8.8 Million Private Placement
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - December 20, 2016) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) (the "Company" or "Diamond Estates") (http://www.diamondestates.ca), is extremely pleased to announce that it has closed its previously announced private placement offering (the "Offering") of 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...
2016-12-20 12:03 PM EST