From GlobeNewswire:

Canadian Banc Corp has renewed its at-the-market equity program until June 18, 2025, replacing the previous program from May 2023. The company will issue Class A Shares and Preferred Shares through the Toronto Stock Exchange or any other marketplace in Canada at the prevailing market price at the time of sale. Maximum gross proceeds from the issuance of shares will be $280,000,000. The volume and timing of distributions under the ATM Program will be determined at the company’s discretion. The company intends to use proceeds in accordance with its investment objectives and strategies. Forward-looking statements reflect the company’s current expectations but are subject to risks and uncertainties. Investors are advised to read the prospectus before investing. For more information, visit www.sedarplus.com or call 1-877-478-2372.



Read more: Canadian Banc Corp. At-The-Market Equity Program Renewed