The Tinley Beverage Company (TSE:TNY) has released an update.
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The Tinley Beverage Company has successfully closed a significant funding and debt settlement deal, securing approximately $8.3 million in total transaction value. This strategic financial move involved a private placement raising $1.8 million and a debt settlement of $6.5 million through unit issuances and asset transfers, which has also resulted in the extinguishment of all existing indebtedness under certain secured notes.
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