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Big Rock Brewery Inc(BR-T)
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Stocks in play: Big Rock Brewery Inc

Baystreet.ca - Baystreet - Mon Dec 5, 2022

Announces that it has closed a $4.3 million second lien financing with VN Capital Fund I, LP and in connection therewith, has agreed to amended terms under its existing credit agreement with ATB Financial for both of its $6 million revolving operating loan facility and its $10 million evergreen term loan facility. VN Capital, ATB and Big Rock have agreed that the focus for the Corporation will be on ensuring that sufficient working capital remains in the business as it progresses through the remainder of fiscal 2022 and fiscal 2023. The Second Lien Financing will assist in strengthening the Corporation's access to liquidity. Big Rock Brewery Inc shares T.BR are trading up $0.55 at $2.30.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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