Flow Beverage Corp. Closes First Tranche of Private Placement of Convertible Debenture Units for CDN$1.73 Million
Summary
The principal amount of the Convertible Debentures will not be repaid in cash and will be repaid on the Maturity Date by the Company issuing a number of Conversion SVS equal to the sum of the aggregate outstanding principal amount of the Convertible Debentures divided by the Conversion Price. Today, the brand is B-Corp Certified with a best-in-class score of 126.5, offering a diversified line of health and wellness-oriented beverage products: original mineral spring water, award-winning organic flavours and sparkling mineral spring water in sizes ranging from 300-ml to 1-litre. All products contain naturally occurring electrolytes and essential minerals and support Flows overarching purpose to "bring wellness to the world through the positive power of water." Readers are cautioned not to place undue reliance on these Forward-Looking Statements, which speak only as of the date of this press release. The following press release should be read in conjunction with the managements discussion and analysis and consolidated financial statements and notes thereto as at and for the three and nine months ended July 31, 2024.