BTB Real Estate Investment Trust

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.

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

300% RETURNS! The Junior Mining Stocks About To Explode In This Gold Bull Market | John Feneck

Why the Government Actually WANTS Gold Prices to Explode Higher | Tavi Costa

$30,000 GOLD: How Trump’s Policies Could Trigger The Next Price Explosion | Simon Marcotte

Recommended

First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project