Pure Multi-Family Reit LP To Trade On The TSX Venture Exchange
PURE MULTI-FAMILY REIT LP ("RUF.U")
BULLETIN TYPE: New Listing-IPO-Units
BULLETIN DATE: July 9, 2012
TSX Venture Tier 1 Company
Pure Multi-Family REIT LP's (the "Company") Initial Public Offering ('IPO') Prospectus dated July 3, 2012, has been filed with and accepted by TSX Venture Exchange, and filed in each of the provinces of Canada, except Quebec, on July 3, 2012, and receipted by the securities regulator in each of these jurisdictions, pursuant to the provisions of the securities legislations in each of these jurisdictions.
The IPO is expected to close before the market opening on Tuesday, July 10, 2012. Gross proceeds to be received by the Company in respect of the IPO will be US$50,000,000 (10,000,000 class A units (each, a "Unit") at US$5.00 per Unit). The Company is classified as a 'Real Estate' company.
Commence Date: At the opening, Tuesday, July 10, 2012, the Units will commence trading on TSX Venture Exchange upon confirmation of closing of the IPO.
Corporate Jurisdiction: Ontario
Capitalization: Unlimited Units with no par value of which
10,000,000 Units are issued and outstanding
Escrowed Shares: Nil Units
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: RUF.U
CUSIP Number: 74624A 10 8
Agents: Dundee Securities Ltd. and Canaccord Genuity Corp. (as co-lead agents), on behalf of National Bank Financial Inc., Raymond James Ltd., Scotia Capital Inc., GMP Securities L.P., Desjardins Securities Inc., HSBC Securities (Canada) Inc., Macquarie Capital Markets Canada Ltd., Sora Group Wealth Advisors Inc. and Union Securities Ltd. (collectively, the "Agents")
Greenshoe Option: The Company has granted a Greenshoe Option entitling the Agents to purchase a total of 1,500,000 Units at a price of US$5.00 up to the close of business on August 9, 2012.
Agents' Fees: US$3,000,000, equal to 6% of the gross proceeds of US$50,000,000.
For further information, please refer to the Company's Prospectus dated July 3, 2012.
Company Contact: Stephen Evans
Chief Executive Officer of the Company's Governing General Partner
Company Address: 910 - 925 West Georgia Street
Vancouver, British Columbia, V6C 3L2
Company Phone Number: (604) 681-5959
Company Fax Number: (604) 681-5969
Company Email Address: firstname.lastname@example.org