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An announcement from Diamond Estates Wines & Spirits ( (TSE:DWS) ) is now available.
Diamond Estates Wines & Spirits Inc. announced the issuance of 679,928 common shares as part of the acquisition of Perigon Beverage Group, marking the second of three share issuances related to the acquisition agreement. Additionally, 254,885 common shares were issued to 2RL Capital Inc. for ongoing services related to the acquisition. These transactions are part of the company’s strategic efforts to integrate Perigon into its operations, potentially enhancing its market position. The company also urged shareholders to vote ahead of the upcoming meeting on December 22, 2025, to ensure timely receipt of votes.
More about Diamond Estates Wines & Spirits
Diamond Estates Wines and Spirits Inc. is a Canadian company that produces high-quality wines and ciders and acts as a sales agent for over 120 beverage alcohol brands across Canada. The company operates four production facilities in Ontario and British Columbia, producing VQA wines under various brand names. Through its commercial division, Trajectory Beverage Partners, Diamond Estates represents a wide range of international wine, spirits, beer, cider, and ready-to-drink brands.
Average Trading Volume: 67,631
Technical Sentiment Signal: Sell
Current Market Cap: C$11.99M
For an in-depth examination of DWS stock, go to TipRanks’ Overview page.