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

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Brixton Wraps Camp Creek Drilling With 17.58 Metres of 1.47 g/t Gold Equivalent

Related News

Canada Is Engineered to Be Real Estate-Obsessed — With Mark Morris

Joining SmallCapSteve for the first time today is Mark Morris, Real Estate Lawyer and principal...

Tuesday, November 1, 2022, 01:30:00 PM

Bank of Canada Warns Some Canadians Are Taking On Too Much Debt Chasing Housing Prices

The Bank of Canada is sounding the alarm over the country’s housing market, which continues...

Saturday, April 3, 2021, 03:14:00 PM

Canadian Home Prices Skyrocket by Record 25% as Supply Shortages Persist

Home prices across Canada edged even higher in November, as persistently low inventory levels fail...

Thursday, December 16, 2021, 10:03:00 AM

Toronto Home Sales Surge to Highest on Record for February

Canada’s largest housing market had another historic month in February, as home sales in the...

Saturday, March 6, 2021, 04:22:00 PM

Toronto Proposes Vacant Home Tax in Bid to Boost City’s Housing Supply

As the exodus out of major downtown city areas begins to gain traction in Canada,...

Sunday, December 6, 2020, 11:45:00 AM