Core Points - Diamond Estates Wines & Spirits Inc. has announced the reinstatement of trading for its common shares on the TSX Venture Exchange, effective around October 21, 2025, following the completion of delayed financial statement filings [1] - The company has signed its sixth amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal, receiving waivers for certain defaults, which provides additional flexibility for its turnaround plan [2][3] - The company has issued a total of 70,833 common shares at a price of $0.24 per share and 23,425 shares at a price of $0.17 per share to satisfy obligations under convertible debentures [4] - Diamond Estates made purchases totaling $190,560 worth of apple juice from Golden Town Apple Products Limited, a related party, during the period from March 31, 2024, to March 31, 2025, which are classified as related party transactions [5] - The company is focused on continuing its turnaround and sustainable growth, with Q2 results expected to be shared by the end of November [6] - A shareholder meeting is scheduled for October 30, 2025, with shareholders encouraged to vote in advance due to ongoing Canada Post service disruptions [7][8] Company Overview - Diamond Estates Wines and Spirits Inc. produces high-quality wines and ciders and acts as a sales agent for over 120 beverage alcohol brands across Canada, operating four production facilities [9][10]
Diamond Estates Wines & Spirits Inc. Announces Reinstatement of Trading on TSX Venture Exchange and New Credit Agreement Amendment with BMO