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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Lanesborough Real Estate Investment Trust > Thoughts
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Comment by Isyckleon Jan 31, 2023 9:24pm
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Post# 35258452

RE:RE:RE:RE:RE:Thoughts

RE:RE:RE:RE:RE:ThoughtsIf you read the companion guide to 61-101, says that in some case the provincial securities administration could receive a formal complaint. Them not having a majority share does not reflect well vs their "doing this in good faith" + no vote + no valuation.

Whatever they say, 61-101 is fully applicable to them, it's in the TSXV 5.9 policies now. But seems we would need to ask TSXV to require a formal valuation from LRT.

theses seem to be our options at this point.
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