Canadian Life Companies Split Corp. At-The-Market Equity
From GlobeNewswire: 2024-05-06 09:00:00
Canadian Life Companies Split Corp. renews its at-the-market equity program, allowing the issuance of shares at its discretion until June 1, 2026. The Class A Shares and Preferred Shares will be sold through the Toronto Stock Exchange or other Canadian marketplaces. The ATM Program is offered with a maximum gross proceeds of $70,000,000. The Company intends to use the proceeds in line with its investment objectives. The Company invests in a portfolio that includes Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc.
Investors are cautioned with forward-looking statements included in the news release, which are subject to risks and uncertainties. The Company will not update forward-looking statements publicly, except as required by law. Mutual fund investments have associated commissions, management fees, and expenses. Investors should read the publicly filed documents available at www.sedarplus.com. For more information, contact Investor Relations at 1-877-478-2372 or visit www.lifesplit.com.
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