Diamond Estates Wines & Spirits Appoints Andrew Howard as Chief Operating Officer

NIAGARA-ON-THE-LAKE, Ontario--()--Diamond Estates Wines & Spirits Inc. (“Diamond Estates” or “the Company”) (DWS-TSX Venture) is pleased to announce the appointment of Andrew Howard as Chief Operating Officer for Diamond Estates Wines & Spirits Inc. effective April 1, 2022. Andrew has been part of the Company’s senior management team since the acquisition of Equity Wine Group in the fall of 2021.

Prior to joining Diamond Estates, Andrew was President of Equity Wine Group which produced high-quality VQA wines, including the Creekside and Queenston Mile brands, through its facilities in the Niagara Region, close to Diamond’s Lakeview location. Andrew will be dedicated to the management of the domestic wine business in which the Company sees significant opportunities for profitable growth and expansion.

“In the six months since Andrew has been with Diamond Estates, he has demonstrated a strong ability to identify areas to grow profit margins and market share that support our domestic wine strategy,” stated Murray Souter. “With his increased responsibilities, he will be able to focus on this continuing process as the Company looks to expand its presence, both within Canada and internationally. As we begin a new fiscal year, we felt the timing was ideal to announce the expansion of Andrew’s role, emphasizing the importance of building upon our growth plans.”

Andrew has been involved with Equity Wine Group, owners of Creekside Estates and Queenston Mile Vineyards, from its inception, and has led the organization through its growth as a leading VQA company. Andrew has an extensive and relevant background for this role having also been a senior executive with Arterra, Labatt and Pepsi prior to founding the Equity Wine Group. Andrew is well known in the industry for his commitment to Ontario wines and will add greatly to the Company’s success.

Andrew will work closely with Diamond Estates’ President & CEO, Murray Souter, and CFO, Ryan Conte, to ensure the Company is achieving maximum efficiencies in the markets in which it participates.

About Diamond Estates Wines and Spirits Inc.
Diamond Estates Wines and Spirits Inc. is a producer of high-quality wines and a sales agent for over 120 beverage alcohol brands across Canada. The Company operates four wineries, three in Ontario and one in British Columbia, that produce predominantly VQA wines under such well-known brand names as 20 Bees, Creekside, EastDell, Lakeview Cellars, Queenston Mile, Dan Aykroyd, Shiny Apple Cider, Rood Apples Cider, Fresh, Proud Pour, Red Tractor, Seasons, Serenity, and Backyard Vineyards.

Through its commercial division, Trajectory Beverage Partners ("TBP"), the Company is the sales agent for many leading international brands in all regions of the country as well as being a distributor in the western provinces. These recognizable brands include Josh wines from California, Fat Bastard and Andre Lurton wines from France, Kaiken wines from Argentina, Blue Nun wines from Germany, Francois Lurton wines from France and Argentina, Felix Solis wines from Spain, Waterloo Brewing from Canada, Landshark Lager from the USA, Marston's beers from England, Edinburgh Gin from Scotland, Tamdhu, Glengoyne and Smokehead single-malt Scotch whiskies, Barcelo Rum from the Dominican Republic, C.K. Mondavi & Family wines including Charles Krug from Napa, Bols Vodka from Amsterdam, Koyle Family Wines from Chile, Pearse Lyons whiskies and gins from Ireland, and Fontana di Papa wines from Italy.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

J. Murray Souter
President & CEO
Diamond Estates Wines & Spirits Inc.
jmurraysouter@diamondwines.com

Ryan Conte, CPA, CA, CBV
CFO
Diamond Estates Wines & Spirits Inc.
rconte@diamondwines.com

Contacts

J. Murray Souter
President & CEO
Diamond Estates Wines & Spirits Inc.
jmurraysouter@diamondwines.com

Ryan Conte, CPA, CA, CBV
CFO
Diamond Estates Wines & Spirits Inc.
rconte@diamondwines.com