Slate Grocery REIT T.SGR

Primary Symbol: T.SGR.UN Alternate Symbol(s): SRRTF

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Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties (the properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

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Slate Grocery REIT

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Comment by halcroon Jan 21, 2016 5:54pm

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Post# 24482219

RE:RE:Dundee...Klondex and Rice Lakke

chartist777 wrote:
Hi halco, does it have anything to do with my sgr shares? right now, it shows 0.001 cents. Can it come back alive? thanks

Your SGR shares are SGR shares. Klondex bought Rice Lake from the debtor in possession which bought it, debt-free, from SGR's trustee.

IMO, at some time in the future, SGR will be actioned as a shell; however, usually in a shell transaction, someone offers a small amount of money to the trustee and picks up the pieces which would usually include the losses which can have value to another mining company with revenue.

The small amount of money would likely purchase a very large number of new shares, all shares would be rolled back on a 100/200-old-for-one-basis, and existing shareholders would be rolled bacl almost out of existence.

Just IMO

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