Hill Street Announces Closing of Fully Subscribed $700,000 Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - December 23, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) (OTC Pink: HSEEF) ("Hill Street" or the "Company"), a progressive bioscience implementation company that utilizes new technologies to provide innovative cannabis solutions and non-alcoholic beverage products, announces that as of December 22, 2022, it has closed its previously announced non-brokered private placement for gross proceeds of $700,000 (the "Offering"). The Company has issued...
2022-12-23 9:30 AM EST
CORRECTION FROM SOURCE: Hill Street Press Release Announcing Fully Subscribed $700,000 Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - December 19, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) (OTC Pink: HSEEF) ("Hill Street" or the "Company"), a progressive bioscience implementation company that utilizes new technologies to provide innovative cannabis solutions and non-alcoholic beverage products, issues the following corrected press release to the press release dated December 14, 2022 announcing its intention to complete a non-brokered private placement for gross proceeds of up...
2022-12-19 4:18 PM EST
Hill Street Announces Fully Subscribed $700,000 Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - December 14, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) (OTC Pink: HSEEF) ("Hill Street" or the "Company"), a progressive bioscience implementation company that utilizes new technologies to provide innovative cannabis solutions and non-alcoholic beverage products, announces today that it intends to complete a non-brokered private placement for gross proceeds of up to $700,000 (the "Offering"), subject to oversubscription at the option of the...
2022-12-14 9:26 AM EST
Hill Street Releases Q1 FY 2023 Results
Toronto, Ontario--(Newsfile Corp. - November 30, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) (OTC Pink: HSEEF) ("Hill Street" or the "Company"), a progressive bioscience implementation company that utilizes new technologies to provide innovative cannabis solutions and non-alcoholic beverage products, is pleased to announce the following updates from the recently completed Q1 of FY 2023. All dollar figures are quoted in Canadian dollars. New Product Launches Hit the Market for...
2022-11-30 8:30 AM EST
Hill Street Announces Warrant Extension and Repricing
Toronto, Ontario--(Newsfile Corp. - November 18, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street" or the "Company") announces today that it has extended the expiry date and reduced the exercise price of 11,250,900 warrants (the "Amended Warrants") of the Company which were originally set to expire today, after having received the approval of the TSX Venture Exchange to such amendments. All dollar figures are quoted in Canadian dollars. The new expiry date of the Amended...
2022-11-18 9:15 AM EST
Hill Street Reports Strong FY 2022 Year End and Q4 Results and Applies to Amend Warrant Terms
Highlights for the Year: Delivered outstanding consolidated net revenue growth of +46% YoY for the full year, and exceptional +134% YoY growth in Q4 Achieved full year gross profit increase of +37% YOY despite supply chain cost increases and inventory write-offs from now-withdrawn (V)ia Regal cannabis beverage business Re-engineered our Vin(Zero) commercial business model to improve the key financials of the business and began executing on a global distribution expansion strategy Activated...
2022-10-31 8:30 AM EDT
Hill Street Appoints Matthew Jewell as Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - October 12, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company") announces that effective today, it has appointed Mr. Matthew Jewell as its permanent Chief Financial Officer, succeeding Ms. Hinta Chambers, who had stepped into the role of interim CFO following her August 2022 resignation as permanent CFO of the Company. Mr. Jewell joins Hill Street from Next Green Wave Holdings Inc. ("Next Green Wave"), an integrated...
2022-10-12 9:43 AM EDT
Hill Street Provides Selected Preliminary Unaudited FY2022 Financial Results Highlights and Operations Update to Shareholders
Toronto, Ontario--(Newsfile Corp. - October 6, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company"), is pleased to provide a letter to all shareholders from CEO Craig Binkley, with a preview of selected preliminary unaudited financial results highlights for the three-month and twelve-month periods ended June 30, 2022 and an update on operations. Dear Hill Street Shareholders, As I stated in my August 11, 2022 Update Letter, fiscal year 2022 was by far the...
2022-10-06 8:30 AM EDT
Hill Street Provides Update on CFO Transition
Toronto, Ontario--(Newsfile Corp. - August 31, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company") announces that further to its March 29, 2022 announcement, the resignation of Hinta Chambers as Chief Financial Officer ("CFO") of the Company is now effective. However, the Company also announces today that following Ms. Chambers' resignation, she has been appointed as the Company's interim CFO, continuing to ensure a smooth transition as the Company...
2022-08-31 1:23 PM EDT
Hill Street Provides FY2022 Recap Letter from the CEO to Shareholders
Toronto, Ontario--(Newsfile Corp. - August 11, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company"), is pleased to provide a letter to all shareholders from CEO Craig Binkley, with a summary of the Company's operational advances over the past fiscal year. Dear Hill Street Shareholders, June 30, 2022 closed the most successful fiscal year in the history of Hill Street Beverage Company Inc. ("Hill Street" or the "Company") and as I write this, we are now...
2022-08-11 12:45 PM EDT
Hill Street Announces New DehydraTECH Licensee in Massachusetts and the Michigan Launch of Successful Multi-State Brand 1906 Powered by DehydraTECH
Toronto, Ontario--(Newsfile Corp. - July 20, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street" or the "Company") is pleased to announce the expansion of the DehydraTECH™ licensing footprint and product portfolio through both a n
2022-07-20 9:22 AM EDT
Hill Street Reports FY 2022 Q3 & Year-to-Date Results That Continue to Show a Significant Growth Story
Toronto, Ontario--(Newsfile Corp. - May 31, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL)
2022-05-31 8:30 AM EDT
Hill Street Announces New DehydraTECH U.S. State Expansion and Licensing Deal in Oregon, and Expiry of Warrants
Toronto, Ontario--(Newsfile Corp. - May 24, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company") is pleased to announce that its patented DehydraTECH™ fast-acting cannabis delivery technology is now available for license by cannabis licensed producers, contract manufacturers and brands in the State of Oregon. The addition of Oregon represents a new licensing expansion deal between Hill Street and Dehydr8, LLC ("Dehydr8"), Hill Street's DehydraTECH™...
2022-05-24 8:30 AM EDT
Hill Street Applies to Extend Expiry of Existing Warrants
Toronto, Ontario--(Newsfile Corp. - April 30, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company") announces today that it has applied to extend the expiry date of 12,993,000 warrants ("Warrants") of the Company that were set to expire on May 1, 2022, until August 1, 2022, The Warrants were issued by the Company in connection with a convertible debenture financing of the Company completed on May 1, 2020, and each Warrant entitles the holder thereof to...
2022-04-30 9:49 AM EDT
Hill Street Issues Final Tranche of Payment Shares to Lexaria for DehydraTECH(TM) Patent Rights Acquisition
Toronto, Ontario--(Newsfile Corp. - April 12, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company") announces today that it has issued 4,188,948 common shares (the "Consideration Shares") to Lexaria CanPharm ULC ("Lexaria"), a cannabis-related division of Lexaria Bioscience Corp., as the third and final tranche of shares to be issued in satisfaction of a deferred payment obligation for the previously announced acquisition by Hill Street of the exclusive...
2022-04-12 9:47 AM EDT
Hill Street Provides Update Letter From The CEO to Shareholders
Toronto, Ontario--(Newsfile Corp. - April 5, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company"), is pleased to provide a letter from CEO, Craig Binkley with an analysis of the Company's historical financials and update to all shareholders. Dear Shareholders, We would first like to thank all our shareholders for their support of Hill Street. Whether you're a long-term investor or someone who's joined us more recently, we recognize how important you are to...
2022-04-05 8:50 AM EDT
Hill Street Announces Major New U.S. DehydraTECH(TM) Licensing Deal, Resignation of CFO, and Equity Grants
Toronto, Ontario--(Newsfile Corp. - March 29, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company") is pleased to announce that Dehydr8, LLC ("Dehydr8"), Hill Street's licensee of the patented DehydraTECH™ fast-acting cannabis delivery system technology, has entered into a new sublicensing deal with Attitude Wellness, LLC doing business as Lume Cannabis Co. ("Lume"), the top vertically-integrated cannabis operator in Michigan and the largest single-state...
2022-03-29 8:30 AM EDT
Hill Street Confirms Stock Ticker Symbol Change To "HILL" as of March 3, 2022 (TSXV: HILL)
Toronto, Ontario--(Newsfile Corp. - March 2, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) (the "Company") is pleased to confirm that it has received the approval of the TSX Venture Exchange to change the Company's stock ticker symbol from "BEER" to "HILL", and that the change will be effective at market open on March 3, 2022. This ticker change reflects the Company's growth and evolution beyond the domestic beverage business towards building a global, multi-business company...
2022-03-02 9:34 PM EST
Hill Street Reports FY 2022 Q2 & Year-to-Date Results, Expansion of DehydraTECH(TM) Licensing Business into New States, and Ticker Change to Reflect Hill Street's Growth and Evolution
Highlights: Increased gross profit for the six months ended December 31, 2021 by 12% Year over Year with a 9% increase in net revenue Year over Year Grew gross profit margin for the six months ended December 31, 2021 from 42% to 48% Year over Year, reflecting the improved financial impact of the DehydraTECH™ licensing business Expanded rights in Illinois and Massachusetts to existing partner Dehydr8, LLC for licensing of DehydraTECH™ fast-acting cannabinoid delivery system technology to IL...
2022-03-01 8:30 AM EST
Acquisition of Shares by HoldCo (St. Catharines) Ltd.
Toronto, Ontario--(Newsfile Corp. - February 23, 2022) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"): This press release is being disseminated by HoldCo (St. Catharines) Ltd. (the "Acquiror") as required by National Instrument 62-103 - The Early Warning System and Related Take-Over Bids and Insider Reporting Issues, in connection with its acquisition of securities of Hill Street. Pursuant to a series of normal course purchases by the Acquiror through the...
2022-02-23 9:39 AM EST