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FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST ANNOUNCES CLOSING OF APPROXIMATELY US$60 MILLION EQUITY OFFERING

Newswire.ca - Wed Apr 24, 8:29AM CDT

/Not for distribution to U.S. newswire services or dissemination in the United States./

TORONTO, April 24, 2024 /CNW/ - Flagship Communities Real Estate Investment Trust (the "REIT" or "Flagship") (TSX: MHC.U) (TSX: MHC.UN) announced today that it has completed its previously announced public offering (the "Offering") of 3,910,000 trust units (the "Units") on a bought deal basis at a price of US$15.35 per Unit for total gross proceeds to the REIT of approximately US$60 million.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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