RE:RE:RE:RE:RE:Back down to $3...share sale adding over 8 million of themco has not said the real estate value for the 3 sites has changed from $30 mil to $23 mil. It said the one site is valued at $23 mil.
Included in the acquisition, DCM has acquired 3 sites owned by RRD Canada. DCM has entered into a sale and lease-back arrangement with respect to 1 of the sites, which is located in Oshawa, Ontario. DCM expects to realize net proceeds of approximately $23 million from the sale of the Oshawa site, which is expected to close before the end of the second quarter of 2023, subject to customary closing conditions. Net proceeds from the sale of the Oshawa site will be used to substantially repay the bank bridge facility.