The Toronto Stock Exchange reports that Northwest Healthcare Properties Real Estate Investment Trust will list up to an additional $200-million of units on the TSX. According to the TSX, the listing will cover units to be sold to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National 44-102, Shelf Distributions.
The TSX reports that the ATM sales will be made directly on the TSX or any other existing trading markets in Canada during the period commencing on Feb. 3, 2023, and ending on the earlier of: (i) March 2, 2025; (ii) the issuance and sale of all the units subject to the equity distribution agreement dated Feb. 3, 2023; and (iii) the termination of the distribution agreement. As a result of the ATM procedures, prices may vary as between purchasers and during the period of distribution.
For more information, see the trust's prospectus supplement dated Feb. 3, 2023.
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