Welcome to our dedicated page for Diamond Estates Wine & Spirits news (Ticker: DWWEF), a resource for investors and traders seeking the latest updates and insights on Diamond Estates Wine & Spirits stock.
Diamond Estates Wine & Spirits (DWWEF) operates at the intersection of premium beverage production and strategic distribution, crafting VQA wines and ciders while managing one of Canada's most extensive alcohol distribution networks through Trajectory Beverage Partners. This dedicated news hub provides investors and industry professionals with essential updates on the company's operational milestones and market positioning.
Our curated collection offers immediate access to earnings announcements, distribution partnerships, and production innovations, including developments in the VQA Wine Support Program. Track strategic expansions into retail channels and regulatory adaptations shaping Ontario's beverage alcohol landscape.
Key focus areas include updates on the company's dual operational structure: winemaking facilities in Ontario/BC and commercial distribution of 120+ domestic/international brands. Stay informed about asset acquisitions, retail channel strategies, and operational efficiency initiatives that drive this integrated producer-distributor model.
Bookmark this page for streamlined access to verified updates about DWWEF's market activities. Check regularly for insights into how traditional craftsmanship and modern distribution networks combine to maintain competitive advantage in Canada's evolving alcohol sector.
Diamond Estates Wines & Spirits (OTC: DWWEF) announced that shareholders approved and ratified a license agreement dated May 10, 2024 between its wholly owned subsidiary and 3346625 Canada Inc. (Lassonde Holdings) at a special meeting held on December 22, 2025.
The License Resolution passed with 97.77% of votes cast by disinterested shareholders. Votes held by the Lassonde Group were excluded from the disinterested vote. Additional details are available in the Management Information Circular dated November 20, 2025 on the company website and on SEDAR+.
Diamond Estates Wines & Spirits (DWWEF) announced the issuance of common shares on December 5, 2025 related to the Perigon Beverage Group acquisition and services by 2RL Capital.
The company issued 679,928 Second Tranche Earnout Shares at a deemed price of $0.21 per share as the second of three earnout tranches under the September 12, 2024 purchase agreement with Perigon. It also issued 254,885 Second Payment Shares to principals of 2RL Capital at a deemed price of $0.196 per share. All issued shares are subject to a statutory or TSXV hold period of four months and one day.
The company reminded disinterested shareholders to vote ahead of the shareholder meeting on December 22, 2025 at 9:00 a.m. ET and noted proxy submissions must be received by December 18, 2025 at 9:00 a.m. ET.
Diamond Estates Wines & Spirits (DWWEF) reported Q2 2026 results for the six months ended Sept 30, 2025. Revenue rose to $8.5M from $7.7M a year earlier. Gross margin increased by $1.7M and margin expanded to 69.8% from 53.8%. Adjusted EBITDA improved to $1.8M (up $1.3M); EBITDA was $0.9M. Net income was nil versus $0.2M prior year after non-operational and one-time costs. The company issued 764,917 shares July 22, 2025 as contingent consideration, granted 1,250,000 options in October 2025, amended security-based plans, extended its BMO credit maturity to Mar 27, 2026 with a temporary $3.6M bulge and obtained a 60-day forbearance on most convertible debentures.
Diamond Estates Wines & Spirits (DWWEF) will hold a Special Meeting of Shareholders on December 22, 2025 at 9:00 AM EST.
Agenda items include approval and ratification of a May 10, 2024 license agreement between Diamond Estates' wholly owned subsidiary Diamond Ltd. and 3346625 Canada Inc. (Lassonde Holdings), covering royalty rates
Meeting materials, including the Notice of Meeting and Management Information Circular, will be filed on the company website and SEDAR+ by November 28, 2025 and provided to shareholders.
Diamond Estates Wines & Spirits (TSXV: DWS) entered into separate investor relations agreements with Atrium Research Corporation and ImpactDeck.
Under the Atrium agreement (effective November 6, 2025) Atrium will provide equity research, distribution, video interviews and analytics from November 19, 2025 for an initial seven-month term; Atrium fee is CAD $3,000/month plus taxes. Under the ImpactDeck agreement (effective December 1, 2025) ImpactDeck will provide broker outreach, investor inquiry management and market analysis for an initial six-month term; fee is CAD $4,000/month plus taxes. Both agreements require TSX Venture Exchange approval.
Diamond Estates Wines & Spirits (OTC:DWWEF) announced a Seventh Amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal effective November 10, 2025. Key changes include a temporary Bulge Amount credit facility of $3,600,000 that matures on early cancellation or March 27, 2026, a limited recourse guarantee by Lassonde Industries covering up to the Bulge Amount outstanding, and amended interest pricing set at Prime +2.65% during the Temporary Bulge Period and Prime +2.40% otherwise. Management said the amendment supports the company’s ongoing financial turnaround; Q2 results are scheduled for release toward the end of November.
Diamond Estates Wines & Spirits (OTC: DWWEF) reported voting results from its annual general and special meeting held October 30, 2025. Shareholders elected all director nominees with >99.6% support and approved appointment of MNP LLC as auditors (99.839% for).
Shareholders approved amendments to the Stock Option Plan and Deferred Share Unit Plan to convert both into fixed up to 20% plans, expanding the maximum security‑based compensation reserve to 13,376,703 shares. Disinterested shareholders approved amendments and issuance of replacement convertible debentures to the Lassonde Group with 92.132% support (interested votes excluded).
The board appointed Ron McEachern as chairman and confirmed Andrew Howard as CEO; the company issued an additional 650,000 stock options at $0.19 to CFO Basman Alias (following a prior grant of 600,000 options).
Diamond Estates Wines & Spirits (DWWEF) provided additional details about a shareholder resolution to approve replacement debentures to extend debenture payment dates and preserve cash and liquidity ahead of the annual meeting on October 30, 2025. The Lassonde Group holds convertible debentures totalling $3.35 million, 34,964,330 common shares (52.28%) and 874,603 DSUs. Assuming a conversion price of $0.165, the Lassonde Group could gain an additional 26,393,939 shares, bringing its stake to 61,358,269 shares (65.78%); full conversion of all convertibles would total 62,232,872 shares (66.10%). The Lassonde Group’s existing 34,964,330 shares and related debenture-held shares will be excluded from voting on the resolution.
Diamond Estates Wines & Spirits (OTC:DWWEF) issued deferred share units and share options and reminded shareholders to vote at its upcoming meeting.
The company granted 248,683 DSUs at a deemed price of $0.19 (settling $47,250 of deferred director compensation) and issued 600,000 share options to CFO Basman Alias at a $0.19 strike price, exercisable for five years with 25% annual vesting. Shareholders are urged to submit proxies early for the Oct 30, 2025 meeting; proxies must be received by Oct 28, 2025, 10:00 a.m. ET.
Diamond Estates Wines & Spirits (OTC:DWWEF; TSXV:DWS) announced the TSX Venture Exchange accepted reinstatement of trading in its common shares, effective at market open on or about October 21, 2025 or two business days after the bulletin.
The company also signed a sixth amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal, securing waivers (including the fixed charge coverage ratio) to provide additional flexibility for its turnaround plan.
Other disclosures: 197,222 DSUs granted (Feb 12, 2024); conversion and settlement of $17,000 convertible debentures via 94,258 shares issued in March 2025; $190,560 of apple juice purchases from related party Golden Town Apple (Mar 31, 2024–Mar 31, 2025). Management plans to release Q2 results by end of November and holds a shareholder meeting on Oct 30, 2025.
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