BTB Real Estate Files $200 Million Base Shelf

BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that it has filed a final short form base shelf prospectus with the respective securities regulatory bodies. The filing will allow the company to raise up to $200 million in gross proceeds.

The prospectus, valid for 25 months, allows BTB to offer any or a combination of trust units, debt securities, subscription receipts, and warrants for total aggregate proceeds of $200 million.

The real estate investment trust company shared that the proceeds of any offering is intended to provide financial flexibility for the company and efficient access to Canadian capital markets.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

BTB Real Estate Investment Trust last traded at $4.27 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Sage Potash Expands Sage Plain Resource to 771.5 Million Tonnes, Adds First Measured and Indicated Tonnage

Cambria’s Silver Coin Infill Program Delivers 98.56 g/t Gold Over 8.2 Metres

Related News

Mall Landlords Across the US Filing for Bankruptcies Amid Brick-and-Mortar Apocalypse

Over the weekend, two major US mall landlords filed for Chapter 11 protection, joining the...

Monday, November 2, 2020, 06:17:00 PM

US New Home Sales in June Sharply Plummet to Lowest Since April 2020

If Fed Chair Jerome Powell is looking for yet another excuse to keep the money...

Monday, July 26, 2021, 05:41:00 PM

Rent Prices in San Francisco Plunge as Americans Relocate to Suburbs Amid Pandemic

As densely populated areas across the US become coronavirus hotspots, many Americans have been rapidly...

Sunday, July 5, 2020, 11:15:00 AM

Condo Sales Activity in Toronto Drops to Lowest Since 2009 While Prices Increase by 8%

The coronavirus pandemic has distorted housing markets across Canada, causing interest rates to drop to...

Wednesday, July 29, 2020, 02:08:00 PM

Canada’s Housing Market Not Cooling Off Anytime Soon As Inventories Remain Historically Low

Canada’s real estate market is far from cooling off, with inventory of homes sitting at...

Tuesday, January 18, 2022, 02:42:00 PM