January 06, 2021

Sundial Provides Update of Strategic Investment

CALGARY, AB (January 6, 2021) — Sundial Growers Inc.’s (Nasdaq: SNDL) (“Sundial” or the “Company”) subsidiary special purpose vehicle that owns $51.9 million of aggregate principal amount of senior secured debt (the “Senior Loan”), such amount being inclusive of the payment referred to below, of Zenabis Investments Ltd. (“Zenabis”), a subsidiary of Zenabis Global Inc. (the “Parent”) received a principal repayment of $7.0 million on December 31, 2020 (the “Payment”) in accordance with the terms of the Senior Loan. Despite the Payment, a notice of default was delivered to Zenabis with respect to certain defaults under the terms of the Senior Loan. Zenabis is disputing said defaults.

All amounts are denominated in Canadian dollars.

Latest News

View All

Wednesday, Oct 20, 2021

Sundial Files Early Warning Report Issued Pursuant to National Instrument 62-103

Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") today announced that between September 3, 2021 and October 19, 2021, Sundial disposed of 2,336,500 common shares (“Common Shares”) in the capital of Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF)

Read More

Thursday, Oct 07, 2021

Sundial Growers to Acquire Alcanna Inc.

Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) is pleased to announce today that it has entered into an arrangement agreement (the “Agreement”) with Alcanna Inc. (TSX: CLIQ) (“Alcanna”) pursuant to which Sundial will acquire all of the issued and outstanding common shares of Alcanna (“Alcanna Shares”) by way of a statutory plan of arrangement for total consideration of approximately $346 million (the “Transaction”).

Read More

Tuesday, Sep 21, 2021

Sundial Files Early Warning Report Issued Pursuant to National Instrument 62-103

Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced that it has reacquired (the “Acquisition”) more than 10%

Read More
image/svg+xml logo logo Created with Sketch.

Sorry!

Thanks, but unfortunately you need to be legal age to view our website.

Welcome.

You need to be of legal age to view our website.

Please choose a province and enter your date of birth to continue.

Province

Date of Birth

By entering this site you agree to our

TERMS & CONDITIONS and PRIVACY POLICY