Invesque Inc. Announces New Canadian Dollar Listing on Toronto Stock Exchange

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Invesque Inc. Announces New Canadian Dollar Listing on Toronto Stock Exchange

Canada NewsWire

TORONTO, Sept. 18, 2019 /CNW/ - Invesque Inc. ("Invesque" or the "Company") (TSX: IVQ.U) today announced the introduction of a Canadian dollar listing of its common shares on the Toronto Stock Exchange ("TSX").

Effective September 20, 2019, the shares will commence trading on the TSX in Canadian dollars under the symbol "IVQ". The shares will continue to trade in U.S. dollars under the existing symbol "IVQ.U".

The shares to be traded under the symbol IVQ will have the same CUSIP number as the shares trading under the symbol IVQ.U. Accordingly, the number of issued and outstanding shares will not change. The Company currently has 54,283,458 shares outstanding.

The Company's dividends will continue to be paid to shareholders in U.S. dollars for both the IVQ.U and IVQ listings.

"We are excited to introduce our Canadian dollar listing to provide additional flexibility for our Canadian investors to transact in their domestic currency," said Scott White, the Company's Chairman and Chief Executive Officer. "We have seen significant interest in a Canadian dollar listing from existing and potential investors. We are optimistic that the listing will lead to increased liquidity and trading activity."

Shareholders should consult their financial advisors for more information regarding the dual currency listing, including their ability to exchange U.S. dollar denominated shares for Canadian dollar denominated shares.

About Invesque

Invesque is a health care real estate company with an investment thesis centered around the opportunity created by the global aging demographic trend. Invesque currently capitalizes on this opportunity by investing in a highly diversified portfolio of income generating health care properties located across the United States and Canada through long-term absolute net leases, joint ventures, and development capital. For more information, visit www.invesque.com.

Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the Company. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly dividends of the Company. The forward-looking statements in this news release are based on certain assumptions including, without limitation, that the Company will have sufficient cash to pay its dividends. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading "Risk Factors" in the Company's most recent annual information form, which is available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Invesque Inc.

View original content: http://www.newswire.ca/en/releases/archive/September2019/18/c2225.html

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).