Centrefund Realty Corporation announces special warrants offer.TORONTO--(BUSINESS WIRE)--March 20, 1995--Centrefund Realty Corp. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CFE) announced today that it has appointed RBC Dominion Securities
The Special Warrants are convertible into Common Shares of Centrefund on the basis of one Common Share per Special Warrant subject to clearance of a prospectus with all relevant securities commissions by July 24, 1995, and thereafter, on the basis of 1.1 Common Shares per Special Warrant. The Special Warrant placement is anticipated to be completed by April 3, 1995, subject to TSE approval. The net proceeds are to be used for acquisitions and expansion and renovation activities. Centrefund is engaged in the acquisition and ownership of retail shopping centres and with centres owned and under binding contract, Centrefund has 13 shopping centres containing 2,100,000 square feet of gross leasable area Gross leasable area (GLA) in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented. located in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . CONTACT: Centrefund Realty Corp., Toronto Peter F. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , 416/515-1400 REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion