Core Points - Income Financial Trust has renewed its at-the-market equity program allowing the issuance of trust units until October 29, 2027 [1][2] - The maximum gross proceeds from the issuance of the units under the program will be $20,000,000 [2] - The proceeds from the ATM program will be used in accordance with the Trust's investment objectives and strategies, focusing on North American financial services companies [3] Summary by Sections ATM Program Details - The ATM program allows the Trust to issue units at the prevailing market price through the Toronto Stock Exchange or other Canadian marketplaces [1][2] - The program is governed by an equity distribution agreement with National Bank Financial Inc. as the agent [1] Financial Proceeds - The maximum gross proceeds from the issuance of units is set at $20,000,000 [2] - The proceeds will be utilized in line with the Trust's investment strategies and restrictions [3] Investment Focus - The Trust invests in a portfolio of North American financial services companies, including leading Canadian and U.S. banks, life insurance, and investment firms [3]
Income Financial At-The-Market Equity Program Renewed
Globenewswireยท2025-09-30 13:00