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R and R Real Estate Investment Trust(RRR-UN-X)
TSX Venture

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R&R REIT Issues Units to Non-Executive Trustees in Connection with 2022 Units for Services Agreements, Enters into New Units for Services Agreements for 2023 and Issues Deferred Units to an Executive Officer

Newswire.ca - Fri Jan 13, 2023

MISSISSAUGA, ON, Jan. 13, 2023 /CNW/ - R&R Real Estate Investment Trust (TSXV: RRR.UN) (the "REIT")  announces that it has issued REIT units to participating non-executive trustees in connection with its 2022 units for services agreements ("2022 Units for Services Agreements"), pursuant to which non-executive trustees could elect to receive all or a portion of their trustee retainer fees for 2022 in units, rather than in cash. The units issued pursuant to the 2022 Units for Services Agreements serve as compensation for past services provided by such trustees to the REIT for the 2022 fiscal year. The units were issued at a price of C$0.10 per unit and the amount of trustee fees paid in units and the number of units issued to each participating non-executive trustee is as follows:

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