Prime Drink Group Secures Subscription Receipt Financing and Closes Second Tranche of Private Placement

Prime Drink Group announced today that it has completed the subscription receipt financing and closed the second tranche of its private placement of units.

The financing provides the company with additional capital to support its growth initiatives and operational needs.

According to the company, the proceeds will be used to expand product lines, enhance distribution channels, and pursue strategic acquisitions.

Prime Drink Group emphasized that the transaction was conducted in accordance with applicable Canadian securities regulations.

This press release contains forward‑looking information as defined by applicable Canadian securities legislation. Such information can be identified by terms like “plans,” “expects,” “intends,” “anticipates,” “believes,” or similar language, and includes statements about the satisfaction of closing conditions, receipt of required approvals, and completion of the financing.

These statements are based on assumptions that are subject to significant risks and uncertainties, including those related to the beverage industry, the company’s ability to raise capital on favorable terms, reliance on key personnel, regulatory and shareholder approvals, market conditions, and broader economic factors. Because of these risks, actual results may differ materially from the forward‑looking statements. While Prime Drink Group believes its expectations are reasonable, it cannot guarantee that they will prove correct. Except as required by law, the company disclaims any obligation to update or revise forward‑looking information to reflect new developments.

Neither the Canadian Securities Exchange nor its Regulation Services Provider assumes responsibility for the adequacy or accuracy of this release.

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