Hill Street Announces Resignation of Director
Toronto, Ontario--(Newsfile Corp. - February 11, 2021) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company")- The Company announces that further to its press release dated February 9, 2021, Terry Donnelly, has resigned as a director of the Company. For further information: Jack Fraser, Chairman of the Board jack@hillstreetbevco.com Follow Hill Street on Twitter https://twitter.com/hillstreetbevco and on Facebook http://facebook.com/hillstreetbevco Neither TSX...
2021-02-11 8:10 AM EST
Hill Street Appoints Co-Chief Executive Officers
Toronto, Ontario--(Newsfile Corp. - February 9, 2021) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") announces that it will be restructuring its senior management team and will be appointing current board members, Lori Senecal and Craig Binkley, as interim co-Chief Executive Officers of the Company. The Company anticipates that Mr. Donnelly, will remain with the Company as a board member until its next AGM. Jack Fraser, Chairman of the Board stated, "On...
2021-02-09 8:39 AM EST
Hill Street Appoints New Chairman of the Board
Toronto, Ontario--(Newsfile Corp. - January 29, 2021) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") today announces that the Board of Directors has appointed Jack Fraser to the role of Chairman, separating the role of CEO and Chairman into two independent functions, adhering to best practices and improving its corporate governance. Terry Donnelly, Chief Executive Officer of the Company stated "the appointment of Jack Fraser to the role of Chairman of the...
2021-01-29 8:02 AM EST
Hill Street Announces Closing of Asset Acquisition of Lexaria Canpharm
Toronto, Ontario--(Newsfile Corp. - December 10, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") today announces that further to its press release dated November 18, 2020, it has closed the acquisition of the primary assets of Lexaria Canpharm ULC, the cannabis-related division of Lexaria Bioscience Corp. ("Lexaria"). This acquisition provides Hill Street with the exclusive rights in perpetuity to use Lexaria's ground-breaking DehydraTECHTM patent...
2020-12-10 8:39 AM EST
Hill Street Reprices Expiring Warrants
Toronto, Ontario--(Newsfile Corp. - December 4, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), announces that further to its press release dated December 3, 2020, the TSX Venture Exchange has approved the repricing of 19,405,804 warrants of the Company that were originally issued on July 27, 2018, to $0.10. These warrants are set to expire on December 31, 2020. For anybody wishing to exercise these Warrants, please contact the Chief Executive Officer,...
2020-12-04 12:42 PM EST
Hill Street Proposes to Reduce Exercise Price of Expiring Warrants
Toronto, Ontario--(Newsfile Corp. - December 3, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), announces that further to its press releases dated July 21, 2020 and July 31, 2020, the Company proposes to amend the exercise price of 19,405,804 warrants of the Company that were originally issued on July 27, 2018, to $0.10. These warrants are set to expire on December 31, 2020. The Company had initially proposed a lower amended price, but that proposal...
2020-12-03 11:21 AM EST
Hill Street Reports FY21 First Quarter Results and Provides Update on Operations
Toronto, Ontario--(Newsfile Corp. - December 1, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") reported its first quarter results for period ended Sept 30, 2020. A complete set of financial statements and Management's Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars. FY21 First Quarter Financial Highlights Net income improvement of $1.050 million, up 69% y/y; Gross revenue of $0.384 million, down...
2020-12-01 10:00 AM EST
Hill Street Announces Definitive Agreement to Acquire Assets of Lexaria Canpharm, and Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - November 18, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") today announces it has signed a definitive agreement to acquire the primary assets of Lexaria Canpharm, the cannabis-related division of Lexaria Bioscience Inc. (CSE: LXX). This acquisition provides Hill Street with the exclusive rights in perpetuity to use Lexaria's ground-breaking DehydraTECHTM patent portfolio on a global basis to make any type of...
2020-11-18 10:13 PM EST
Hill Street Wins Major New Retail Account and Gears for Growth by Strengthening Operationally
Toronto, Ontario--(Newsfile Corp. - November 5, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") today announced it has secured listings for its alcohol-free beer with a major national retailer for the province of Quebec. This represents a strategic undertaking to have full representation of the Company's full suite of brands available to consumers in the province with the most alcohol-free consumption. The Company also announces the appointment of Bryan...
2020-11-05 1:25 PM EST
Hill Street Reports FY2020 Year End Results and Provides Update on Operations
Toronto, Ontario--(Newsfile Corp. - October 29, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") reported its fiscal 2020 financial results for the twelve-month period ended June 30, 2020. A complete set of financial statements and Management's Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars. FY2020 Year End Financial Highlights • Gross revenue of $2.614 million, up 7% y/y; • Gross profit of $0.726...
2020-10-29 9:15 AM EDT
Hill Street Announces (V)ia Spriza Cannabis Infused Beverages
Toronto, Ontario--(Newsfile Corp. - October 21, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), is announcing the launch of its highly anticipated Hill Avenue Cannabis Co. (V)ia line-up of cannabis infused beverages. Hill Avenue Cannabis Co. is Hill Street's wholly-owned subsidiary focusing on cannabis infused beverages, drink mixes, tablets, capsules, and leading infusion ingredients intended to create world class Cannabis 2.0 edibles and topicals....
2020-10-21 5:42 PM EDT
Hill Street Signs Agreement with Molecule to Produce Cannabis Infused Beverages
Toronto, Ontario--(Newsfile Corp. - October 15, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), announces that it has signed a non-binding Term Sheet with Molecule Holdings Inc. (CSE: MLCL) to produce select cannabis infused beverages for Hill Avenue Cannabis Co., the wholly owned subsidiary of Hill Street created to manage its business in the legal cannabis segment. The Notice of New Product Introduction to Health Canada was filed on October 1, 2020...
2020-10-15 7:40 AM EDT
Hill Street Amends Warrant Terms
Toronto, Ontario--(Newsfile Corp. - July 31, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), announces that further to its press release dated July 21, 2020, the Company has received TSX Venture Exchange approval to extend the expiry date of 19,405,804 warrants of the Company that were set to expire on July 24, 2020, to December 31, 2020. These warrants were originally issued by the Company in connection with one or more concurrent financings relating...
2020-07-31 4:01 PM EDT
Hill Street Applies to Extend Existing Warrants
Toronto, Ontario--(Newsfile Corp. - July 22, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), announces that it has applied to extend the expiry date of 19,405,804 warrants of the Company that were set to expire on July 24, 2020, which warrants were issued by the Company in connection with one or more concurrent financings relating to the Company's qualifying transaction, which was completed on July 27, 2018. The proposed new expiry date will be...
2020-07-22 7:00 AM EDT
Hill Street Reports 5% Revenue Growth YTD In Spite of Pandemic Lockdown
Toronto, Ontario--(Newsfile Corp. - June 1, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") reported its fiscal Q3 2020 financial results for the three-month period ended March 30, 2020. A complete set of financial statements and Management's Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars. FQ3 F2020 Financial Highlights Year to date net revenue increased 5% in spite of the retail pullback due to...
2020-06-01 9:54 AM EDT
Unaware of Material Change
Toronto, Ontario--(Newsfile Corp. - May 22, 2020) - At the request of IIROC, Hill Street Beverage Company Inc. (TSXV: BEER) (the "Company"), wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Additionally, further to its press release dated May 4, 2020, the Company announces that it has issued 1,584,801 common shares in the capital of the Company to former senior officers...
2020-05-22 3:13 PM EDT
Hill Street Announces $1.0m Financing and Provides Business Update
Toronto, Ontario--(Newsfile Corp. - May 4, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), is pleased to announce it has closed a non-brokered private placement financing of units ("Units") for gross proceeds of $1,022,500 at a price of $1.00 per Unit. Each Unit is comprised of $1.00 principal amount of secured convertible debentures ("Convertible Debentures") and 20 common share purchase warrants (each whole warrant a "Warrant"). The principal amount...
2020-05-04 8:30 AM EDT
Hill Street Reports 85% Increase in YOY Sales for Q2FY20
Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") reported its fiscal Q2 2020 financial results for the three-and six-month period ended December 31, 2019. A complete set of financial statements and Management's Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars. FQ2 2020 Financial Highlights Quarterly gross revenue improved 85% to $973,710 versus the same...
2020-03-02 2:49 PM EST
Hill Street Sees 300% YOY Increase in Holiday Pack Sales and Provides Operational Update
Toronto, Ontario--(Newsfile Corp. - December 23, 2019) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"), is pleased to announce the launch of its new Entertainer's Pack of alcohol-free wines has achieved national distribution through Shopper's Drug Mart and Sobey's, and is being widely distributed through the Province of Quebec via Clark Drouin Lefebvre, the Company's regional distributor. The Product will list for $29.99 MSRP, and provides consumers with...
2019-12-23 10:00 AM EST
Hill Street Reports FQ1 2020 Results
Toronto, Ontario--(Newsfile Corp. - November 28, 2019) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or "the Company") reported its fiscal Q1 2020 financial results for the three-month period ended September 30, 2019. A complete set of financial statements and Management's Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars. FQ1 2020 Financial Highlights Distributor Sell-In to Retail customers was +5% vs same period year...
2019-11-28 5:39 PM EST