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Bullboard - Stock Discussion Forum 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... see more

TSXV:LRT.UN - Post Discussion

Lanesborough Real Estate Investment Trust > When will financials be released?
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Post by quicksilver545 on Apr 01, 2022 4:02pm

When will financials be released?

Been quiet on the board lately, as there's been no news from the company. 

I suspect annual financials will be released soon, but nothing yet. Rising interest rate environment is now a new headwind we will have to face. Let's hope the Fort Mac market is turning around with oil prices rising.
Comment by Isyckle on Apr 01, 2022 4:24pm
They usually release financials before april so something might have happened. Meaby it's connected to the closing of the woodland park sale that completed on march 15 https://www.alvarezandmarsal.com/sites/default/files/canada/Receiver_s%20Certificate%2C%20Filed%20March%2021%2C%202022_11463304_1.PDF Meaby they had to redo some parts of the annual reports and financials last minute.
Comment by quicksilver545 on Apr 01, 2022 4:26pm
Yea, always before the end of March are the year end financials release.  Has the Woodland park sale price been released?
Comment by Lllennn on Apr 03, 2022 5:41pm
Must still be in compliance otherwise would have to inform market why beyond March imo
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