From GlobeNewswire:

Premium Income Corporation has announced an at-the-market equity program, effective until September 24, 2024, allowing them to issue shares to the public from time to time. The maximum gross proceeds from the sale of shares will be $80,000,000. The Fund also invests in a portfolio that consists mainly of common shares from six Canadian banks. They will use the proceeds from the program in line with their investment objectives and investment strategies, subject to their investment restrictions. The Fund also warns that the securities they are offering have not been registered under the U.S. Securities Act of 1933 and may not be sold in the United States.



Read more: Premium Income Corporation Establishes At-The-Market Equity