Brief: Big Rock Brewery Announces Strategic Capital Plan In Calgary And Concurrent Credit Facility Expansion

Big Rock Brewery

09/02/2021 14:04

Feb 9 (Reuters) - Big Rock Brewery Inc  BR.TO :
    * BIG ROCK BREWERY INC. ANNOUNCES STRATEGIC CAPITAL PLAN IN
CALGARY AND CONCURRENT CREDIT FACILITY EXPANSION
    * BIG ROCK BREWERY INC - BOARD HAS APPROVED A 2021 CAPITAL
PLAN OF
$8.8 MILLION FOCUSED ON ENHANCED PACKAGING CAPABILITIES AT ITS
CALGARY FACILITY
    * BIG ROCK BREWERY INC - AGREED TO AMENDED TERMS UNDER ITS
EXISTING CREDIT AGREEMENT WITH ATB FINANCIAL
    * BIG ROCK BREWERY INC - AMENDMENT INCLUDES AN INCREASE TO
CORPORATION'S TOTAL COMMITTED CREDIT FROM $11 MILLION TO $16
MILLION BETWEEN TWO SEPARATE FACILITIES
    * BIG ROCK BREWERY INC - DOES NOT ANTICIPATE ANY DOWNTIME IN
PRODUCTION RELATED TO STRATEGIC CAPITAL PLAN

Source text for Eikon:  ID:nCNWYgnZga 
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