|Bid||1.0400 x 0|
|Ask||1.0800 x 0|
|Day's Range||1.0600 - 1.0600|
|52 Week Range||0.7000 - 1.4500|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep. 01, 2020 - Sep. 08, 2020|
|Forward Dividend & Yield||0.04 (3.92%)|
|Ex-Dividend Date||Apr. 28, 2020|
|1y Target Est||N/A|
VANCOUVER, BC / ACCESSWIRE / July 13, 2020 / RE Royalties Ltd . (TSXV:RE) ("RE Royalties" or the "Company") is pleased to announce that the Board of Directors of the Company has declared ...
The Company has refinanced the existing OntarioCo loan and the new loan is a $5 Million loan for a term of one year at an interest rate of 10 percent. As part of the transaction the Company acquired gross revenue royalties (2%) on the Second Portfolio for approximately 20 years. In addition, the royalty rate on its original portfolio of 49 projects has also been increase to 2%.
The distribution is payable on May 20, 2020 to shareholders of record on April 29, 2020. The distribution is designated by the Company to be a dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation.
The Company also provided an interest-bearing senior secured loan to Scotian Windfields of $3.3 million dollars with a term of 3 years. The Nova Scotia Wind Projects were developed from 2013 to 2017 and have been operating for between 3 and 6 years.
VANCOUVER, Oct. 8, 2019 /CNW/ - RE Royalties Ltd. (TSX.V:RE.V - News) is pleased to announce that Peter Leighton, Chief Operating Officer, has been named to Canada's 2020 Clean50 for his commitment to advancing the causes of sustainability and clean capitalism in Canada. The awards ceremony was held on Thursday, October 3, 2019 in Toronto, Ontario, at the Clean50 Summit 9.0, where over 120 past and new honorees gathered to discuss sustainability challenges facing Canada. "Peter Leighton was chosen after rigourous screening and research by Delta Management, with advice from internal researchers and external advisors, and was among just 50 Honourees selected from an initial pool of approximately 750 very well qualified nominees from across Canada," says Gavin Pitchford, CEO, Delta Management Group.