December 2, 2016 / 12:57 PM / in a year

BRIEF-Diamond Estates Wines & Spirits announces brokered private placement, planned expansion of wine production capacity

Dec 2 (Reuters) - Diamond Estates Wines & Spirit Inc :

* Diamond Estates Wines & Spirits announces brokered private placement and planned expansion of wine production capacity

* Diamond Estates Wines & Spirit - agreement with Paradigm, GMP Securities L.P. to sell, by private placement up to 22.7 million common shares for $0.22/share

* Diamond Estates Wines & Spirit-co to use offering’s proceeds to expand principal wine production facility to add cooperage, warehouse, bottling space Source text for Eikon: Further company coverage:

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