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Forbidden Spirits Retracts Second Tranche Announcement
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Forbidden Spirits Retracts Second Tranche Announcement

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The latest announcement is out from Forbidden Spirits Distilling Corp ( ($TSE:VDKA.H) ).

Forbidden Spirits Distilling Corp has retracted its previous announcement regarding the closing of the second tranche of its private placement of convertible notes. The funds for the second tranche were not advanced by the subscriber, resulting in the non-issuance of the Convertible Debentures. The company did not incur any finders fees related to this tranche. The completion of the first tranche is still pending necessary approvals, including the final acceptance from the Exchange.

More about Forbidden Spirits Distilling Corp

Forbidden Spirits Distilling Corp is a fast-growing craft distillery based in Kelowna, British Columbia. The company is known for manufacturing and distributing a portfolio of ultra-premium spirits, including brands like REBEL Vodka, Eve’s Original Gin, Adam’s Apple Brandy, Forbidden Fire, Forbidden Spirits Vodka, and Wallace Hill Whisky. It trades under the ticker symbol VDKA on the TSX Venture Exchange.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$524.9K

For detailed information about VDKA.H stock, go to TipRanks’ Stock Analysis page.

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