Firm Capital Property Trust Files Preliminary Base Shelf Prospectus
Firm Capital Property Trust Files Preliminary Base Shelf Prospectus |
[19-November-2019] |
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Nov. 19, 2019 /CNW/ - Firm Capital Property Trust ("FCPT" or the "Trust"), (TSXV : FCD.UN) announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in all provinces of Canada that will, upon a receipt being issued for FCPT's (final) short form base shelf prospectus, allow FCPT to offer and issue up to $250 million of trust units, debt securities, subscription receipts, warrants or units, or any combination of such securities, over a 25-month period. The preliminary short form base shelf prospectus has not yet become final for the purpose of the sale of securities. When securities covered by the (final) short form base shelf prospectus are offered for sale, a prospectus supplement containing terms of these securities will be filed. The securities covered by the base shelf prospectus have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless an exemption from registration is available. This news release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of FCPT in any jurisdiction. DISTRIBUTION REINVESTMENT PLAN & UNIT PURCHASE PLAN ABOUT FIRM CAPITAL PROPERTY TRUST FORWARD LOOKING INFORMATION Forward-looking statements are based on current information and expectations that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those anticipated. These risks include, but are not limited to, risks associated with the potential issuance of securities of the Trust, the type of securities that may be issued, the ability to satisfy regulatory, stock exchange and commercial closing conditions of an offering of securities, the uncertainty associated with accessing capital markets and the risks related to the Trust's business, including those identified in the Trust's annual information form for the year ended December 31, 2018 under the heading "Risks and Uncertainties" (a copy of which may be obtained at www.sedar.com). Forward-looking statements contained in this news release are made as of the date hereof and are subject to change. All forward-looking statements in this news release are qualified by these cautionary statements. Except as required by applicable law, the Trust undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Additional information about the Trust is available at www.firmcapital.com or www.sedar.com. SOURCE Firm Capital Property Trust | ||
Company Codes: TorontoVE:FCD.UN |
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