Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Slate Grocery REIT T.SGR


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

Consumer Cyclical Real Estate Advertising Agencies REIT - Retail
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 REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States 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, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.


TSX:SGR.UN - Post by User

Slate Grocery REIT
Bullboard Posts
User Avatar Image
(1)
•••
Comment by PruneFaceon Mar 21, 2015 9:59am
236 Views
Post# 23546566

RE:RE:San Gold Announces Approval To List On The TSX Venture !

RE:RE:San Gold Announces Approval To List On The TSX Venture !So Ted, how does the company satisfy the 'exiting creditors'? Does it issue shares for the outstanding liabilities? Let's assume, for the sake of easy math, that the company has $100 million in debt. To clear the slate at $0.04 they would be required to issue 2.5 billion shares. Add that to the existing 420 million shares and you have existing shareholders owning about 14% of the company, which would put the SP at $0.0058 for them. I guess that's better than nothing, but not much. Trading or not, the company is pooched without a massive restructuring. Even then, the creditors will essentially own the company.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities