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.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year

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

Related News

Canada’s Housing Crisis: New Projections Show Increased Supply Gaps in Key Provinces

The CMHC recently updated its June 2022 Supply Gaps Estimate (SGE) report that assesses the...

Sunday, September 17, 2023, 07:18:00 AM

Toronto’s Housing Boom Outpaced By Luxury Home Sales

Evidence suggesting Canada’s housing market is in bubble territory continues to mount, as a surge...

Thursday, April 1, 2021, 04:04:00 PM

Investors Begin To Dominate Ontario’s Real Estate Market

Data from Statistics Canada for the year 2021 has shed light on the substantial ownership...

Thursday, October 19, 2023, 11:43:34 AM

US Home Prices Jump by Most Since 2005 Amid Historically-Low Borrowing Costs

In further proof that rampant inflation may not be as “transitory” as the Federal Reserve...

Wednesday, May 26, 2021, 10:28:00 AM

US Existing Home Sales Up by 10.5% From Year Prior as Prices Reach New Record

Much like the Canadian housing market appears to be immune to the economic fallout from...

Tuesday, September 22, 2020, 12:30:00 PM