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Diamond Estates Wines & Spirits Announces Issuance of Deferred Share Units
Newsfileยท 2025-07-14 22:21
Company Overview - Diamond Estates Wines & Spirits Inc. is a producer of high-quality wines and ciders and serves as a sales agent for over 120 beverage alcohol brands across Canada [2] - The company operates four production facilities, three located in Ontario and one in British Columbia, primarily producing VQA wines under various well-known brand names [2] Recent Developments - The company announced the issuance of deferred share units (DSUs) to its directors, totaling 221,875 DSUs at a deemed price of $0.20 per DSU, amounting to $44,375.00 in deferred directors' compensation [1] - These DSUs will be settled in common shares when the directors retire from all positions with the company [1] Product and Brand Portfolio - Through its commercial division, Trajectory Beverage Partners, the company acts as a sales agent for numerous leading international brands across Canada [3] - The portfolio includes notable brands such as Fat Bastard and Gabriel Meffre wines from France, Brimoncourt Champagne, Kaiken wines from Argentina, and various spirits from Ontario and other countries [3]