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Diamond Estates Converts Debt Principal and Accrued Interest Into 32,465,316 Shares

By Public Technologies
  • Diamond Estates Wines & Spirits today converted its 10% unsecured convertible debentures’ principal and accrued interest into 32,465,316 common shares.
  • Principal totaling $4.65 million converted into 21,154,546 common shares at $0.22 each.
  • Interest of $1.47 million accrued through the November 9, 2026 maturity converted into 11,310,770 common shares at $0.13 each.
  • The conversions were required because restrictive covenants in the Bank of Montreal credit facility prohibited repayment of principal and accrued interest.
  • The Lassonde Group’s ownership rose to approximately 66.19% from 50.85%; it no longer holds any debentures.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diamond Estates Wines & Spirits Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611112157NEWSFILECNPR____20261111_323689_1) on November 12, 2026, and is solely responsible for the information contained therein.

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