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TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has issued an order (the “Order”) appointing Richter Inc. as receiver (the “Receiver”) over the business and assets of the Company and its subsidiaries. The Company had previously announced that Flow and its subsidiaries had entered into a support agreement (the “Support Agreement”) with NFS Leasing Canada Inc.
TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) announced today that the Company and certain of its subsidiaries have received demand letters of repayment dated August 22, 2025 and notices of intention to enforce a security under section 241 of the Bankruptcy and Insolvency Act (Canada) dated August 22, 2025 (the “Notices”) from NFS Leasing Canada Ltd. (“NFS”) and RI Flow LLC (“RI Flow”) with respect to alleged defaults under certain secured loans.
TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) announced today that it has been advanced $2 million (the “Remaining Amount”) under the senior secured convertible loan (the “RI Flow Convertible Loan”) with RI Flow LLC previously announced on June 4, 2025 (“RI Flow LLC”), pursuant to which RI Flow has agreed to advance up to $6 million to the Company subject to the satisfaction of certain conditions. The Remaining Amount constitutes the third and f.
TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) announced today the resignation of Joseph Mimran from the Company's Board of Directors, effective July 26, 2025. Patrick Bousquet-Chavanne, Lead Independent Director, stated, “On behalf of Flow's Board of Directors, we would like to thank Joseph for his service and significant contributions during his tenure with Flow.” About Flow Flow is one of the fastest-growing premium water companies in North Am.
TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) announced today that it has been advanced the amount of $2 million under the secured convertible loan (the “RI Flow Convertible Loan”) with RI Flow LLC previously announced on June 4, 2025 (“RI Flow LLC”), pursuant to which RI Flow has agreed to advance up to $6 million to the Company subject to the satisfaction of certain conditions. As of the date hereof, an aggregate of $4 million has been advance.
TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) today announced its financial results for the fiscal quarter ended April 30, 2025 (“Q2 2025”). All currency amounts are stated in Canadian dollars unless otherwise noted. Management Commentary “Flow has secured funding of approximately $14.3 million so far in fiscal 2025 in order to invest in working capital and return to growth in Flow brand net revenue as demand for our flagship products has never.
TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) is pleased to announce the appointment of Paul Dowdall as the Company's Chief Financial Officer, effective today. Mr. Dowdall is a Chartered Professional Accountant bringing nearly twenty-five years of progressive management experience, including nine years in Chief Financial Officer and Chief Operating Officer roles. His career reflects a strong and diverse skill set in accounting, financial managem.
TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) (“Flow” or the “Company”) announced today that Trent MacDonald has stepped down from his position as Chief Financial Officer and Executive Vice-President of Operations. The Board of Directors of the Company has initiated a process to select a new Chief Financial Officer and is in advanced discussions with a preferred candidate for this position. In the interim, the Company's Director of Finance will perform similar functions.
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