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 Wines & Spirits Inc. reports developments across a Canadian beverage alcohol business that produces wines and ciders and acts as a sales agent for international beverage brands. The company operates production facilities in Ontario and British Columbia and sells VQA wine and cider brands including 20 Bees, Creekside, D'Ont Poke the Bear, EastDell, Lakeview Cellars, Shiny Apple Cider and Backyard Vineyards.
Recurring news covers quarterly financial results, working-capital advances, credit-agreement amendments, share and deferred share unit issuances, shareholder approvals and related-party matters involving Lassonde. Updates also describe Trajectory Beverage Partners, the commercial division representing wine, spirits, beer, cider and ready-to-drink brands across Canada, as well as governance and compliance oversight initiatives.
Diamond Estates Wines & Spirits (DWWEF) entered an unsecured advance agreement with Lassonde for $1,000,000 on May 8, 2026. The Advance bears interest at prime + 2.25%, matures on June 30, 2026, is subordinated to secured debt, and is intended for working capital and grape purchases. The Advance is a related‑party transaction; the company relied on MI 61‑101 exemptions for valuation and minority approval.
Diamond Estates Wines & Spirits (DWWEF) entered an Eighth Amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal effective March 31, 2026. Key changes: the limited recourse guarantee from Lassonde was removed after repayment of the Bulge Amount, and the facility maturity was extended to July 31, 2026.
The company said interest rates remain unchanged and plans to release audited year-end financials for March 31, 2026 in late June/early July. Diamond also issued 198,439 DSUs at a deemed $0.16 per DSU (aggregate $31,750) to non-executive directors, to be settled in common shares upon director retirement.
Diamond Estates (OTC:DWWEF) reported Q3 2026 results for the three and nine months ended December 31, 2025, with Q3 revenue of $8.2M versus $6.4M a year earlier and gross margin $4.9M (59.8%).
Adjusted EBITDA was $0.7M; EBITDA and net income fell year-over-year due to contingent consideration, share-based compensation, compliance costs, and timing of sector support payments. The company generated $3.9M cash from operations year-to-date and closed a regulatory compliance review with nominal settlement costs and $0.4M YTD professional fees.
Lassonde Industries acquired a 10.0% unsecured convertible debenture of Diamond Estates (TSXV: DWS) with maturity November 9, 2026, principal $1,304,000 for total consideration $1,330,079.78 in a privately negotiated transaction on January 19, 2026.
After the acquisition Lassonde directly holds $1,804,000 in principal amount of these debentures and the Lassonde Group holds $4,654,000 in principal amount; the Group continues to hold ~51.56% of common shares on a non-diluted basis. Conversion scenarios would raise combined ownership to ~63.07%.
Diamond Estates Wines & Spirits (DWWEF) announced on January 16, 2026 that it issued 187,501 deferred share units (DSUs) to its non-executive directors, at a deemed price of $0.17 per DSU, in settlement of $31,875.00 of deferred directors' compensation.
Vince Timpano and Guy Blanchette renounced their compensation as nominees of Lassonde Industries. The DSUs will be settled in common shares when each director retires from all positions with the company.
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/b) for D'Ont Poke the Bear brands and options for Diamond Ltd. to acquire the DPTB trademarks at specified times.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.