Diamond Estates Wines & Spirits Announces Financing with Material Insider Participation, and Bank Loan Amendment

[AJBot]

NIAGARA-ON-THE-LAKE, Ontario -- Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") is pleased to announce a non-brokered private placement (the “Placement”) of up to $5.0 million aggregate principal amount of 10.0 % unsecured convertible debentures of the Company (the “Debentures”). The Placement is expected to close on or about November 2, 2022 (the “Closing”), subject to customary closing conditions, including approval from the TSX Venture Exchange (the “TSXV”). The Company intends to use the net proceeds of the Placement for general wo ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.