Diamond Estates Wines & Spirit Inc

OTC Pink - Current Information:DWWEFUnited StatesView on Canadian Exchange

Nov 11, 2024

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• Diamond Estates Wines & Spirits Announces Further Replacement of Previously Issued Convertible Debentures, from 8:31AM ET on Monday Nov 11, 2024 by Newsfile

  8:31AM ET on Monday Nov 11, 2024 by Newsfile
  Companies Mentioned: DWWEF

  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 10.0% unsecured convertible debentures of the Company issued to Lassonde Industries Inc. ("Lassonde Industries", a joint actor of Lassonde Holding and together with Lassonde Holding, the "Lassonde Group") (the "2023ReplacementDebentures") with new debentures (the "2024 Replacement Debentures") maturing on November 9, 2025, the whole in accordance with the terms of the 2023 Replacement Debentures.

• Diamond Estates Wines & Spirits Announces Further Replacement of Previously Issued Convertible Debentures, from 8:31AM ET on Monday Nov 11, 2024 by Dow Jones

  8:31AM ET on Monday Nov 11, 2024 by Dow Jones
  Companies Mentioned: DWS
  
  including, but not limited to the economy generally; consumer interest in the services and products of the Company; financing; competition; and anticipated and unanticipated costs. While the Company acknowledges that subsequent events and developments may cause its views to change, the Company specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing the views of the Company as of any date subsequent to the date of this press release. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.