Sundial Reports Third Quarter 2020 Financial Results

“…we are pleased with the demonstrated improvement in operating discipline, successful cost optimization initiatives and a material reduction of our debt” Zach George – CEO CALGARY, AB, Nov. 11, 2020 – Sundial Growers Inc. (NASDAQ: SNDL)reported its financial and operational results for the third quarter ended September 30, 2020. All financial information in this press release is reported inContinue reading “Sundial Reports Third Quarter 2020 Financial Results”

Sundial Growers to Announce Third Quarter 2020 Financial Results on November 11, 2020

CALGARY, AB, Oct. 29, 2020 /CNW/ – Sundial Growers (Nasdaq: SNDL) (“Sundial”) announced today that it will release its financial results for the third quarter ended September 30, 2020 after market close on November 11, 2020. Following the release of its third quarter financial results, Sundial will host a conference call and webcast at 10:30 a.m. EST (8:30 a.m. MST) on November 12, 2020.Continue reading “Sundial Growers to Announce Third Quarter 2020 Financial Results on November 11, 2020”

Sundial Growers Announces Closing of its US$20 Million Registered Offering

– Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that it has closed a best efforts underwritten registered offering of 25,820,000 Series A Units, each consisting of one common share and one Series A Warrant to purchase one common share and 14,280,000 Series B Units (and together with the Series B Units, theContinue reading “Sundial Growers Announces Closing of its US$20 Million Registered Offering”

Sundial Reports Second Quarter 2020 Financial Results

– Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for the second quarter ended June 30, 2020. All financial information in this press release is reported in millions of Canadian dollars, unless otherwise indicated. All references to cannabis operations refer to the continuing operations of the Company. With the dispositionContinue reading “Sundial Reports Second Quarter 2020 Financial Results”

Sundial Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance & Close of Bridge Farm Sale

Amends $79.3 million syndicated credit agreement Converts $73.2 million of term debt and interest into convertible notes Issues US$18.0 million in subordinated convertible notes Closes sale of Bridge Farm Group Cancels all previously issued shares and potential obligations under the original Bridge Farm acquisition agreement Sundial Growers Inc. (Nasdaq: SNDL) announced today that it has completed four transactions as a part ofContinue reading “Sundial Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance & Close of Bridge Farm Sale”

Sundial Announces Extension of Credit Facility Waiver Agreements

Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company“) announced that the Company’s senior lenders have amended the terms of the May 14, 2020 waivers and agreements extending the required completion of defined milestones to June 5, 2020.    Sundial continues discussions with its lenders to restructure its credit agreements to strengthen the Company’s overall financial flexibility and capital structure.  About Sundial Growers Inc. Sundial is a public company withContinue reading “Sundial Announces Extension of Credit Facility Waiver Agreements”

Sundial (NYSE: SNDL) Surges 17% on Share Consolidation Approval

Sundial Growers Inc. (Nasdaq: SNDL) announced all of the resolutions put to holders of common shares of the Company at the annual general and special meeting held virtually today were passed. At the Meeting, Shareholders approved: (i) fixing the number of directors of the Company at five members; (ii) electing each of Bryan Pinney, Greg Mills, Elizabeth Cannon, GregoryContinue reading “Sundial (NYSE: SNDL) Surges 17% on Share Consolidation Approval”

Sundial Reports First Quarter 2020 Financial Results

CALGARY, May 15, 2020 /CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for first quarter 2020 ended March 31, 2020. First quarter 2020 financial and operational highlights Strategic shift away from “Heal, Help and Play” strategy to concentrate on Canadian recreational cannabis with a focus on inhalable products. ContinuedContinue reading “Sundial Reports First Quarter 2020 Financial Results”