Business
RE Royalties Commence Trading on TSX Venture Exchange Under Ticker Symbol "RE"
VANCOUVER, BC / ACCESSWIRE / November 20, 2018 / RE Royalties Ltd. ("RE Royalties" or the "C...
About this update from Re Royalties Ltd.
[{"type":"text","content":"RE Royalties Commence Trading on TSX Venture Exchange Under Ticker Symbol \"RE\"VANCOUVER, BC / ACCESSWIRE / November 20, 2018 / RE Royalties Ltd. (\"RE Royalties\" or the \"Company\") (TSX-V: RE) is pleased to announce that it has commenced trading on the TSX Venture Exchange (\"TSX-V\") as of November 13, 2018 as a Tier 1 Issuer. The Company's ticker symbol is \"RE\".RE Royalties acquires revenue-based royalties from renewable energy generation facilities by providing a non-dilutive royalty financing solution to privately-held and publicly-traded renewable energy generation and development companies. The Company's business objectives are to acquire a portfolio of long-term, stable, and diversified royalty streams and to provide shareholders with capital appreciation and a growing, sustainable, long-term cash distribution over time.In addition, further to the Company's new release on November 6, 2018, the Company has received approval from the TSX-V and completed the issuance of a $500,000 unsecured, convertible note (\"Convertible Note\") to an arms-length party. The Convertible Note shall be convertible into common shares of the Company a conversion price of $1.00 per share, with a term of 24 months from the date of issue, and shall bear an interest rate of 7% per annum. For further details on RE Royalties, please visit www.reroyalties.com or contact us at (778) 374‐2000 or send us an email at [email protected] Behalf of the Board of DirectorsBernard TanCEONeither the TSX Venture Exchange nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward Looking StatementsThis news release includes forward-looking information and forward-looking statements (collectively, \"forward-looking information\") with respect to the Company and within the meaning of Canadian securities laws. Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially.Forward-looking information may relate to the Company's future outlook and anticipated events or results and may include ...