March 06, 2019

Sundial announces credit facility with Bank of Montreal

Sundial Growers Inc. (“Sundial” or the “Company”) is pleased to announce that it has entered into a $30 million credit facility (“Credit Facility”) with the Bank of Montreal (“BMO”). The Credit Facility closed on February 22, 2019.

The BMO Credit Facility will enable Sundial to finance its European initiatives, accelerate the company’s Help and Play opportunity areas and satisfy general working capital requirements in Canada. The Credit Facility also strengthens Sundial’s balance sheet and reduces the company’s cost of capital.

“The partnership with BMO, one of Canada’s leading banks, demonstrates their confidence in what Sundial is accomplishing,” said Torsten Kuenzlen, CEO of Sundial. “This will enable us to continue our global expansion and support our purpose of proudly crafting pioneering cannabis brands to Heal Help PlayTM.”

For more information about Sundial, visit www.sundialcannabis.com and follow us on Twitter @sundialcannabis and Instagram @SundialCannabis.

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Thursday, Jan 30, 2020

Sundial Announces Board of Directors and Executive Team Changes

Sundial Growers announces certain changes to its executive team and board of directors. Sundial is committed to continuing to implement strong corporate governance practices throughout the organization.

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Saturday, Jan 25, 2020

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In the spirit of continuous optimization for efficiency and effectiveness, Sundial has made some organizational changes. This has resulted in the reduction of staff positions at our Alberta operations.

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Thursday, Jan 23, 2020

Correction to Global Article

The article that was published by Global News on January 22, 2020 contained a number of factual inaccuracies. The article was corrected and an apology was issued to Sundial.

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