Diamond Estates Wines & Spirits (TSE:DWS) has released an update.
Diamond Estates Wines & Spirits has successfully completed a non-brokered private placement, raising $2.29 million through the sale of common shares at $0.20 each, with significant investment from insider Lassonde Group. The new funds are earmarked for general working capital purposes and the transaction is pending final approval from the TSX Venture Exchange.
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