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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s):  SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.


TSX:SOT.DB - Post by User

Comment by pennydredfulon Apr 16, 2023 1:59pm
105 Views
Post# 35397440

RE:Can you imagine these turkeys needing to raise

RE:Can you imagine these turkeys needing to raise One    way   is  the   have   a  rights  which  I  can   believe   up   to   25%   of existing  units can be done   .  That   is unit   holders   are given   the  right   to   buy   25%   more  shares  at   say    1.50   .  GA   could  gurantee   the rts    issue  (  for   a fee)   meaning   he   would   pick  up   all   the  units   that did not get exercised  .   The   rights   issue   can  be bigger  %age   wise   if a prospectus  quality  document   is    filed   and approved  by the regulators  .    This    would   likely  allow   GA   to increase his    %age   if some   rights   not    exercise   assuming   he is comfortable  being  "in bed"  with SLAM  and   reduce   his average  cost.       Perhaps   it would   be throwing  good money  after bad ?  
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