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.
For further insights into TSE:DWS stock, check out TipRanks’ Stock Analysis page.