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Forbidden Spirits Distilling Corp ( ($TSE:VDKA.H) ) has shared an update.
Forbidden Spirits Distilling Corp has issued $305,000 in convertible debentures as part of a non-brokered private placement. The debentures are convertible into common shares pending the revocation of the FFCTO and a share consolidation. This move is subject to final exchange approval, potentially impacting the company’s financial structure and market positioning.
More about Forbidden Spirits Distilling Corp
Forbidden Spirits Distilling Corp is a fast-growing craft distillery based in Kelowna, British Columbia, trading on the TSX Venture Exchange under the symbol VDKA. The company manufactures and distributes a portfolio of ultra-premium spirits, including REBEL Vodka, Eve’s Original Gin, Adam’s Apple Brandy, Forbidden Fire, Forbidden Spirits Vodka, and Wallace Hill Whisky.
YTD Price Performance: 30.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$524.9K
See more insights into VDKA.H stock on TipRanks’ Stock Analysis page.