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Wildpack Beverage ( (TSE:CANS) ) has shared an announcement.
Wildpack Beverage Inc. announced an update on its proposed restructuring transaction concerning its outstanding convertible debentures, valued at $45,007,000. The company is in the process of obtaining $2,000,000 in loans to fund the repurchase of these debentures. Secured commitments of $1,730,000 have been achieved, with efforts ongoing to secure the remaining amount. The completion of this transaction is pending the acquisition of the full loan amount and final approval from the TSXV.
More about Wildpack Beverage
Wildpack Beverage Inc. is a leading co-packer in the middle market segment, specializing in canned goods. The company focuses on providing packaging services, facilitating market access for various beverages.
YTD Price Performance: 0.0%
Average Trading Volume: 193,530
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$652.7K
See more insights into CANS stock on TipRanks’ Stock Analysis page.