Diamond Estates Wines & Spirits Announces Further Replacement of Previously Issued Convertible Debentures
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - November 11, 2024) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or the "Company") announces the replacement of $4.759 million aggregate principal amount of 10.0% unsecured convertible debentures of the Company, which includes the $2,850,000 aggregate principal amount of 10.0% unsecured convertible debentures of the Company issued to 3346625 Canada Inc. ("Lassonde Holding") and the $500,000 aggregate principal amount of...
2024-11-11 8:30 AM EST
Diamond Estates Wines & Spirits Inc. Announces the Closing of its Acquisition of Perigon Beverage Group
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - October 9, 2024) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond" or the "Company") is pleased to announce that it has closed its previously announced acquisition of certain assets from the Perigon Beverage Group ("Perigon"). More specifically, Diamond has purchased the agency and supplier contracts, the intellectual property, and other intangible assets of Perigon and its agency business, such as its website, customer lists,...
2024-10-09 6:00 PM EDT
Diamond Estates Wines & Spirits Announces Voting Results from Its Annual General and Special Meeting of Shareholders
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - September 27, 2024) - 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 ("AGM") held yesterday in Toronto. The voting results for the election of directors were as follows: Director Nominees
2024-09-27 5:30 PM EDT
Diamond Estates Wines & Spirits Inc. Expands with the Agreement to Acquire Perigon Beverage Group.
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - September 12, 2024) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond " or "the Company") is pleased to announce that it has entered into a definitive purchase agreement today to acquire certain assets from the Perigon Beverage Group ("Perigon"). More specifically, Diamond is purchasing the agency and supplier contracts, the intellectual property of Perigon, and other intangible assets associated with Perigon and its agency business,...
2024-09-12 7:16 PM EDT
Diamond Estates Wines & Spirits Reports Fiscal Q1 2025 Financial Results
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - August 22, 2024) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announced its financial results for the three-month period ending June 30, 2024 ("Q1 2025"). Q1 2025 Summary: Revenue for Q1 2025 was $6.2 million, a decrease of $1.7 million, from $7.9 million in Q1 2024. The Winery division experienced an increase in sales of $0.4 million while the Agency division experienced a decrease of $2.1...
2024-08-22 9:40 PM EDT
Diamond Estates Wines & Spirits Announces Closing of Fully Subscribed Non-Brokered Financing with Material Insider Participation
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - July 17, 2024) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or the "Company") is pleased to announce that it has closed its fully subscribed non-brokered private placement previously announced by the Company on July 8, 2024 through the issuance of 11,466,065 common shares of the Company (the "Common Shares") at an issue price of $0.20 per common share, for aggregate gross proceeds of $2,293,213 (the "Offering"). Pursuant...
2024-07-17 9:21 PM EDT
Diamond Estates Wines & Spirits Reports Q2 2022 Financial Results
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - November 25, 2021) - - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announced its financial results of position for the three and six months ended September 30, 2021 ("Q2 2022 and "YTD 2022" respectively). Q2 2021 Summary: Revenue for Q2 2022 was $7.1 million, a decrease of $0.1 million from Q2 2021 revenue of $7.2 million, due to softness experienced in the months of July and August in the Agency...
2021-11-25 6:32 PM EST
Diamond Estates Wines & Spirits Announces Share Consolidation
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - November 10, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announces implementation of the consolidation of its share capital on a 10 for 1 basis, consolidating its currently issued and outstanding shares to 27,876,044 (the "Consolidation"). Shareholder authorization to effect the share consolidation was approved pursuant to a special resolution passed by shareholders on September 28, 2021....
2021-11-10 5:41 PM EST
Diamond Estates Wines & Spirits Announces New Executive Appointment
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - October 26, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") has announced that Andrew Howard has joined the executive team of the Company as Executive Vice President - Estate Wines, and has been issued incentive stock options by the Company. Andrew was previously President of the Equity Wine Group, which was acquired by Diamond Estates on October 6, 2021. "I am very pleased that Andrew has accepted...
2021-10-26 5:15 PM EDT
Diamond Estates Wines & Spirits Announces the Closing of the Equity Wine Group and the Shiny Apple Cider Brand Acquisitions, and Private Placement
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - October 6, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond" or the "Company"), further to its press releases of August 5, 2021 and September 24, 2021, is pleased to announce the closing of (i) its acquisition of all of the issued and outstanding securities of Equity Wine Group Inc. ("Equity Wine", and such acquisition, the "Equity Wine Acquisition"), (ii) its acquisition of the Shiny Apple craft cider brand (the "Shiny Apple...
2021-10-06 7:08 PM EDT
Diamond Estates Wines & Spirits Announces Signing of Definitive Agreements for the Acquisitions of the Equity Wine Group and the Shiny Apple Cider Brand
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - September 24, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond " or "the Company") is pleased to announce that, further to its press release of August 5, 2021, it has signed definitive purchase agreements (the "Definitive Agreements") to acquire (i) all of the issued and outstanding securities of Equity Wine Group Inc., owners of the Creekside Estate Winery and Queenston Mile Vineyards wine and cider brands (the "Equity Wine...
2021-09-24 5:00 PM EDT
Diamond Estates Wines & Spirits Reports Q1 2022 Financial Results and Announces Stock Option Grants
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - August 26, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announced its financial results for the three-month period ending June 30, 2021 ("Q1 2022"). Q1 2022 Summary: Revenue for Q1 2022 was $7.4 million, an increase of $1.5 million from $5.9 million in Q1 2021. Winery revenue for Q1 2022 was $3.3 million, an increase of 25.4% or $0.7 million from $2.6 million in Q1 2021, specifically related...
2021-08-26 8:53 PM EDT
Diamond Estates Wines & Spirits Announces the Acquisitions of the Equity Wine Group and the Shiny Apple Cider Brand
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - August 5, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond " or "the Company") is pleased to announce that it is finalizing the definitive purchase agreements (the "Definitive Agreements") to acquire (i) all of the issued and outstanding securities of Equity Wine Group Inc.("Equity Wine"), owners of the Creekside Estate Winery ("Creekside") and Queenston Mile Vineyards ("Queenston Mile") wine and cider brands (the "Equity Wine...
2021-08-05 8:23 AM EDT
Diamond Estates Wines & Spirits Reports Fiscal 2021 Financial Results
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - July 22, 2021) - 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, 2021 ("Q4 2021" and "FY 2021" respectively). FY 2021 Summary: "We are seeing new opportunities both domestically and internationally in the aftermath of the COVID-19 pandemic that has caused significant disruption
2021-07-22 9:26 PM EDT
Diamond Estates Wines & Spirits Announces Closing of $1.83 Million Private Placement of 10.0% Unsecured Convertible Debentures
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - June 10, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") is pleased to announce that it has completed a non-brokered private placement (the "Offering") of $1.83 million aggregate principal amount of 10.0 % unsecured convertible debentures of the Company (the "Debentures") with certain insiders of the Company, including Lassonde Industries Inc. ("Lassonde") and Oakwest Corporation Limited. The...
2021-06-10 3:57 PM EDT
Diamond Estates Wines & Spirits Announces New CFO
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - March 5, 2021) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") is pleased to announce the appointment of Ryan Conte as Chief Financial Officer for Diamond Estates Wines & Spirits Inc. effective March 8, 2021 and subject to the TSX-V exchange approval. Ryan will be replacing Geoff Kritzinger, the Company's Interim CFO for the past 9 months who was able to step in and support the company last year. The Board...
2021-03-05 5:00 PM EST
Diamond Estates Wines & Spirits Reports Q2 2021 Financial Results
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - November 26, 2020) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announced its financial results for the three and six-month periods ended September 30, 2020 ("Q2 2021" and "YTD 2021" respectively). Q2 2021 Summary: Revenue was $7.2 million, consistent with revenue of $7.2 million in the three months ended September 30, 2019 ("Q2 2020"). Winery division revenue was lower due to the negative impact...
2020-11-26 8:42 AM EST
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