February 19, 2021

Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises

Calgary, AB (February 19, 2021) – Sundial Growers Inc. (NASDAQ: SNDL) (”Sundial” or the “Company”) announced today that holders (the “Holders”) of 98,333,334 warrants (the “Warrants”) to purchase common shares (the “Common Shares”) of the Company will exercise for cash their Warrants at prices of US$0.80 and US$1.10 for gross proceeds to Sundial of US$89.1 million.

In exchange, the Company will issue 98,333,334 warrants (the “New Warrants”), each entitling the Holders to purchase one Common Share at an exercise price of US$1.50, subject to customary anti-dilution adjustments. Sundial has granted the Holders rights to have the Common Shares issuable upon exercise of the New Warrants registered pursuant to a registration statement (the “Registration Statement”) to be filed with the SEC. The New Warrants are immediately exercisable and have a term of 42 months from the effective date of the Registration Statement.

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Tuesday, Feb 23, 2021

SUNDIAL AND INDIVA ANNOUNCE CLOSING OF $22 MILLION STRATEGIC INVESTMENT

Calgary, AB and London, ON - February 23, 2021 – Sundial Growers Inc. ("Sundial") (NASDAQ: SNDL), a Canadian licensed producer of recreational cannabis and Indiva Limited (“Indiva”) (TSXV:NDVA) (OTCQX:NDVAF), a leading Canadian producer of cannabis edibles, are pleased to announce the closing of the previously announced $22,000,000 strategic investment (the “Investment”) into Indiva by Sundial.

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Friday, Feb 19, 2021

Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises

Sundial Growers Inc. (NASDAQ: SNDL) (”Sundial” or the “Company”) announced today that holders (the “Holders”) of 98,333,334 warrants (the “Warrants”) to purchase common shares (the “Common Shares”) of the Company

Read More

Wednesday, Feb 17, 2021

Sundial Regains Compliance with Nasdaq Minimum Bid Price Rule

Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq's minimum bid price requirements for continued listing on the Nasdaq Capital Market.

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