Diamond Estates Wines & Spirits Inc.·Consumer Defensive

Niagara-on-the-Lake, Ontario--(Newsfile Corp. - May 8, 2026) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or the "Company") announces that today it has entered into an unsecured advance agreement (the "Agreement") with Lassonde Industries Inc. ("Lassonde"), pursuant to which Lassonde has agreed to provide the Company with an unsecured advance in the principal amount of $1,000,000 (the "Advance"). The Advance bears interest at the prime rate of the Bank of Montreal plus 2.25% per annum and matures on June 30, 2026.

Niagara-on-the-Lake, Ontario--(Newsfile Corp. - April 1, 2026) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or the "Company") announces that effective March 31, 2026 it entered into a further amendment (the "Eighth Amendment") to its Second Amended and Restated Credit Agreement (the "SARCA") with Bank of Montreal ("BMO"). Capitalized terms not defined below are defined in the SARCA.
Diamond Estates Wines & Spirits Inc. produces, markets, and sells wines in Canada, China, and internationally. The company operates in two segments, Manufactured Wines and Agency. It produces vintner quality alliance and blended wines under the 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile, Dan Aykroyd, Shiny Apple Cider, Fresh, Proud Pour, Red Tractor, Seasons, Serenity, and Backyard Vineyards brand names. The company also acts as a sales agent for approximately 120 beverage alcohol brands. It sells its products through liquor boards, licensed restaurants and bars, and grocery chains; and its four retail locations. Diamond Estates Wines & Spirits Inc. was founded in 2011 and is based in Niagara-on-the-Lake, Canada.
Consumer Defensive
Beverages - Wineries & Distilleries
115
2017-02-17
0.69