{"id":388602,"date":"2020-11-25T10:47:23","date_gmt":"2020-11-25T15:47:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388602"},"modified":"2020-11-25T10:47:23","modified_gmt":"2020-11-25T15:47:23","slug":"virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\/","title":{"rendered":"Virtus Capital Management completes $2M raise for the Virtus CoCo Limited Partnership Offering"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">TORONTO, Nov.  25, 2020  (GLOBE NEWSWIRE) &#8212; Virtus Capital Management Inc. has completed a raise of $2.18M for its Virtus CoCo Limited Partnership private placement. The Virtus CoCo Limited Partnership has advanced the funds to The Bondi Distillery for the primary purpose of production and distribution of the CoCo Vodka and CoCo Rum flagship product lines in Canada and the United States.<\/p>\n<p>&#8220;Virtus Capital is an incredible strategic financial partner who will provide us with a vast amount of experience and expertise as we build out our brand in the North American marketplace,\u201d says\u00a0Mark Convery, Director of The Bondi Distillery Inc.<\/p>\n<p>&#8220;We are excited to be partnering with Bondi and assisting them on executing their business plans,&#8221; says\u00a0Josh Will, Executive VP, of Virtus Capital Management. &#8220;Bondi has been able to deliver a quality product to a growing market and this partnership, combined with our funding, will allow Bondi to deliver on their sales commitments. I was first impressed by Mark as an entrepreneur, then I was impressed by the product. It\u2019s no wonder that we now see a dramatic growth in sales of their CoCo Vodka and CoCo Rum beverages. It felt like it was the perfect time for Virtus to make a difference, to be not only a strong financial partner but also a mentor. Our commitment to Bondi is to leverage our capital, contacts, and experience. Their success is our success,\u201d says Aurelio Baglione, CEO of the Virtus Financial Group of Companies. Both Josh Will and Aurelio Baglione have joined the Board of Directors of The Bondi Distillery Inc. to help coordinate and facilitate the impending growth.<\/p>\n<p>\n        <strong>About <\/strong><br \/>\n        <strong>The<\/strong><br \/>\n        <strong> Bondi Distillery<\/strong><br \/>\n        <strong> Inc.<\/strong>\n      <\/p>\n<p>The Bondi Distillery Inc. produces the CoCo Vodka and CoCo Rum alcoholic beverage lines. After a soft launch in Alberta last November, CoCo canned beverages are now enjoyed throughout the US and Canada. Currently, CoCo beverage products are sold in 15 of the states in the USA and 1 province in Canada. The CoCo Vodka line will be launching in Ontario at the\u00a0LCBO in 2021.\u00a0Further information regarding The Bondi Distillery Inc. and CoCo beverage products can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xx4MhgI8GOBBChPbFBlO3iZis0emUpVedsmkJc5XHMxJLSWhY-yV-SuaoH8YuQBxFmXJgY1kzZgG5sbL4r0fkw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.EnjoyCoCo.com<\/a>.<\/p>\n<p>\n        <strong>About <\/strong><br \/>\n        <strong>Virtus Capital Management Inc.<\/strong>\n      <\/p>\n<p>Founded in 2014, Virtus Capital Management Inc. (VCMI) is a registered Exempt Market Dealer (EMD). VCMI provides investors access to private capital market investments.\u00a0As an Exempt Market Dealer, VCMI\u2019s goal is to educate investors on investment opportunities typically unknown to the consumer market. VCMI focuses on alternative investment opportunities, which are suitable for qualified investors.\u00a0For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kfxmtttExB_Y78-TvMmAa4HzblkUP-mJIJXNZT58dHGvjnNwXVf8sed1W4MhulO5nrwN-uSUL0SecQIsiCkCQWY-h2y7hQ7hmGijkYNeEiI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.virtuscapitalmgmt.com<\/a>\u00a0or e-mail\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TsMSbGUJ41yqJKnrklMUDhkS5DaUxiVc94oipfpYSKaXRGCOi1oFmunCJmbyO4lrnw6uLOaZzdWMgPOnuyVdZII2TBgIEnQPMORv9I6yuvhLUqe3CGgXVHvxbzTnzglp\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">contact@virtuscapitalmgmt.com<\/a>.<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MjMxNiMzODQ0MTQ1IzIxODg2MDY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/56754f45-0c26-480c-9705-fce404be1899\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) &#8212; Virtus Capital Management Inc. has completed a raise of $2.18M for its Virtus CoCo Limited Partnership private placement. The Virtus CoCo Limited Partnership has advanced the funds to The Bondi Distillery for the primary purpose of production and distribution of the CoCo Vodka and CoCo Rum flagship product lines in Canada and the United States. &#8220;Virtus Capital is an incredible strategic financial partner who will provide us with a vast amount of experience and expertise as we build out our brand in the North American marketplace,\u201d says\u00a0Mark Convery, Director of The Bondi Distillery Inc. &#8220;We are excited to be partnering with Bondi and assisting them on executing their business plans,&#8221; says\u00a0Josh Will, Executive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Virtus Capital Management completes $2M raise for the Virtus CoCo Limited Partnership Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388602","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Virtus Capital Management completes $2M raise for the Virtus CoCo Limited Partnership Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virtus Capital Management completes $2M raise for the Virtus CoCo Limited Partnership Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) &#8212; Virtus Capital Management Inc. has completed a raise of $2.18M for its Virtus CoCo Limited Partnership private placement. The Virtus CoCo Limited Partnership has advanced the funds to The Bondi Distillery for the primary purpose of production and distribution of the CoCo Vodka and CoCo Rum flagship product lines in Canada and the United States. &#8220;Virtus Capital is an incredible strategic financial partner who will provide us with a vast amount of experience and expertise as we build out our brand in the North American marketplace,\u201d says\u00a0Mark Convery, Director of The Bondi Distillery Inc. &#8220;We are excited to be partnering with Bondi and assisting them on executing their business plans,&#8221; says\u00a0Josh Will, Executive &hellip; Continue reading &quot;Virtus Capital Management completes $2M raise for the Virtus CoCo Limited Partnership Offering&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-25T15:47:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MjMxNiMzODQ0MTQ1IzIxODg2MDY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Virtus Capital Management completes $2M raise for the Virtus CoCo Limited Partnership Offering\",\"datePublished\":\"2020-11-25T15:47:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\\\/\"},\"wordCount\":443,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MjMxNiMzODQ0MTQ1IzIxODg2MDY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/virtus-capital-management-completes-2m-raise-for-the-virtus-coco-limited-partnership-offering\\\/\",\"name\":\"Virtus Capital Management completes $2M raise for the Virtus CoCo Limited Partnership Offering - 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