Business
Swiss Water Announces Purchase of Warrants from Mill Road Capital
VANCOUVER, British Columbia, June 30, 2025 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee I...
About this update from Swiss Water Decaffeinated Coffee, Inc.
[{"type":"text","content":"Swiss Water Announces Purchase of Warrants from Mill Road Capital\n\n\n\n VANCOUVER, British Columbia, June 30, 2025 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX:SWP) (“Swiss Water” or the “Company”) is pleased to announce it has entered into an agreement with Mill Road Capital II, L.P. (“Mill Road”) to purchase from Mill Road the outstanding share purchase warrant entitling Mill Road to acquire up to 2,250,000 common shares of Swiss Water. The share purchase warrant has an exercise price of $3.33 per share and expires on April 30, 2026. The purchase price for the share purchase warrant is $675,000. Completion of the purchase is anticipated to be July 3, 2025.\n \n\n “\n \n The cancellation of the Warrants removes an overhang on the share price trading and will permit the shares to trade without this influence going forward. We believe that shareholders will also benefit from the clarity being provided on the share ownership and wide distribution of the Company’s shares. Swiss Water appreciates the constructive approach that Mill Road Capital has taken to these discussions to achieve an outcome that the Board believes is in the best interests of shareholders,” said Mr. Frank Dennis, President and CEO of Swiss Water.\n \n\n\n\n Company Profile:\n \n\n\n Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company and a premium green coffee decaffeinator that employs the proprietary Swiss Water\n \n ®\n \n Process to decaffeinate green coffee without the use of chemical solvents such as methylene chloride. It also owns Seaforth Supply Chain Solutions Inc., a green coffee handling and storage business. Both businesses are located in Delta, British Columbia, Canada.\n \n\n\n For more information, please contact:\n \n\n\n Iain Carswell, Chief Financial Officer\n \n Swiss Water Decaffeinated Coffee Inc.\n \n Phone: 1-604-420-4050\n \n Email:\n \n\n [email protected]\n \n\n\n Website:\n \n\n investor.swisswater.com\n \n\n\n\n\n Forward-Looking Statements:\n \n\n\n\n Certain statements in this press release may constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements to be ...