CT REIT Declares Distribution for the Period of June 1, 2025 to June 30, 2025 Français
TORONTO, June 13, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of June 1, 2025 to June 30, 2025 of $0.07903 per trust unit, payable July 15, 2025 to unitholders of record on June 30, 2025. This distribution, if annualized, would represent a rate of $0.94836 per annum. As previously announced, this distribution represents a 2.5% increase compared to the prior monthly distribution of $0.07710 per trust unit.
About CT REIT
CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 375 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
SOURCE CT Real Estate Investment Trust (CT REIT)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Market Online
19 minutes ago
- The Market Online
Aurora Cannabis: Profitability plus falling stock equals value play
If you invested in Canadian cannabis stocks just after legalization in 2018, at the height of investor fervor, you are likely holding onto shares at a near total loss. This is because the fervor proved too optimistic, attracting more competition than the industry could absorb, leading to uncontrolled growth, excess supply, margin compression and eventually unprofitability. As a result, some of the industry's initial leaders, then valued in the tens of billions in market capitalization, fell precipitously into the hundreds of millions, making investors wonder why they didn't exit their positions sooner, if they managed to get out in the first place. That said, these fallen leaders, and their tragic stock charts, offer investors today an enticing opportunity to riffle through the rubble for companies whose operations and income statements seem to have been unjustly punished by market-wide pessimism, granting them a leg up to capitalize on a potential US reclassification of cannabis as a less dangerous drug, which could pave the way for related companies to list on US stock exchanges. Aurora Cannabis is down but not defeated A cannabis stock value investors should keep tabs on is Aurora Cannabis (TSX:ACB), one of the aforementioned fallen leaders, but nevertheless, still a global player in the medical and recreational markets in Canada, Europe, Australia and New Zealand. The company also owns a controlling interest in Bevo Farms, North America's leading supplier of propagated agricultural plants. This content has been prepared as part of a partnership with Aurora Cannabis Inc., and is intended for informational purposes only. The Edmonton, Alberta-based operator, whose flagship brands include Drift, San Rafael '71, MedReleaf, CanniMed and Whistler Medical Marijuana Co., commanded a market capitalization of C$12.26 billion in 2019, subsequently falling to C$414.02 million as of August 12, 2025, because of billions in net losses over the preceding years, with Aurora stock giving back 94.6 per cent over the period to date. Dire as Aurora's situation may seem, the company has managed to quietly become the world's largest medical cannabis company in nationally legal markets – see slide 17 of the June 2025 investor deck – while turning its financials around as if from night to day. The turnaround began in fiscal 2024 with a more than 95 per cent decrease in net losses to C$65.58 million and annual adjusted EBITDA turning positive for the first time at C$12.8 million, marking Aurora's strongest annual financial performance in its history. Aurora found its way to positive free cash flow of C$6.5 million and an 87 per cent year-over-year (YoY) increase in adjusted EBITDA to C$4.9 million (representing its seventh-straight positive quarter under the metric) in Q1 fiscal 2025, driven by record revenue from the medical cannabis segment. Momentum continued in Q2 with record quarterly adjusted EBITDA of C$10.1 million, up by 210 per cent YoY, and international revenue exceeding Canadian medical revenue for the first time, growing by 93 per cent to C$35 million. The milestones carried on in Q3, as highlighted by record net income of C$31.2 million, up by 282 per cent YoY, a new record for adjusted EBITDA at C$23.1 million, up by 316 per cent YoY, supported by record medical cannabis revenue of C$68.1 million and management's focus on sustainable long-term profitability. Aurora proceeded to wrap up fiscal 2025 with aplomb, ending the year with positive free cash flow of C$9.9 million and a new record for adjusted EBITDA and global medical revenue, propelled by strong showings from the international and plant propagation segments. With growth across key metrics pushing forward in Q1 fiscal 2026, and management expecting positive free cash flow for the second straight year, Aurora's shift into profitability stands in stark contrast to its competitors' steep losses, granting it differentiated prospects when it comes to delivering shareholder value. Backed by a commitment to science and innovation, Aurora is betting on the brightness of its future, having added 28 proprietary cultivars to its product pipeline since June 2021, with many more in development, as the company pursues strategic market expansions backed by C$186 million in cash as of June 30. A reasonable investor would expect to see Aurora's financial turnaround reflected in its stock price, but this has been far from the case, with shares giving back about 40 per cent since March 2023, creating a margin of safety wide enough to merit the dive into due diligence to substantiate a potential value play. Join the discussion: Find out what everybody's saying about this cannabis stock on the Aurora Cannabis Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
CTV News
an hour ago
- CTV News
Base metal and telecom stocks help S&P/TSX composite rise more than 100 points
TORONTO — Canada's main stock index gained more than 100 points in late-morning trading on strength in the base metal and telecommunication sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 104.37 points at 27,879.60. In New York, the Dow Jones industrial average was up 445.57 points at 44,420.66. The S&P 500 index was up 53.28 points at 6,426.73, while the Nasdaq composite was up 208.56 points at 21,593.96. The Canadian dollar traded for 72.65 cents US compared with 72.54 cents US on Monday. The September crude oil contract was down 17 cents US at US$63.79 per barrel. The December gold contract was down US$13.50 at US$3,391.20 an ounce. --- This report by The Canadian Press was first published Aug. 12, 2025.
Cision Canada
2 hours ago
- Cision Canada
Argenta Silver Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$15 Million
TSX-V:AGAG VANCOUVER, BC, Aug. 12, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (FSE: T1K) (" Argenta" or the " Company") is pleased to announce the closing of its previously announced "bought deal" private placement (the " Offering") for gross proceeds of C$15,000,000, which includes the exercise in full of the over-allotment option. Pursuant to the Offering, the Company sold 37,500,000 units of the Company (each, a " Unit") at a price of C$0.40 per Unit (the " Offering Price"). Red Cloud Securities Inc. (" Red Cloud") acted as sole underwriter and bookrunner under the Offering. Each Unit consists of one common share of the Company (each, a " Common Share") and one-half of one transferable common share purchase warrant (each whole warrant, a " Warrant"). Each whole Warrant entitles the holder to purchase one Common Share (each, a " Warrant Share") at a price of C$0.60 at any time on or before August 12, 2028. The Company intends to use the net proceeds from the Offering for the exploration and advancement of the Company's 100% owned El Quevar Project in Salta Province, Argentina as well as for working capital and general corporate purposes. As consideration for their services under the Offering, Red Cloud received aggregate cash fees of C$801,180 and 2,002,950 non-transferable common share purchase warrants (the " Broker Warrants"). Each Broker Warrant is exercisable into one Common Share at the Offering Price at any time on or before August 12, 2028. The closing of the Offering remains subject to the final approval of the TSX Venture Exchange (the " TSX-V"). The securities issued pursuant to the Offering are subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the issue date, being December 13, 2025. Early Warning The Company further announces that Mr. Frank Giustra acquired ownership of 450,000 Units of the Company pursuant to the Offering, representing 450,000 Common Shares and 225,000 Warrants. As reported in the last early warning report filed on January 29, 2025, Mr. Giustra had indirect ownership and/or control over an aggregate of 25,540,000 Common Shares and 3,425,000 common share purchase warrants of the Company, representing 15.09% of the outstanding Common Shares and 16.78% on a partially diluted basis, assuming the exercise of 3,425,000 warrants. Mr. Giustra now has indirect ownership and/or control over an aggregate of 27,490,000 Common Shares and 3,650,000 common share purchase warrants of the Company, representing, as a result of the dilution from the Offering and various exercises of convertible securities, a decrease to 11.34% of the outstanding Common Shares and 12.66% on a partially diluted basis, assuming the exercise of 3,650,000 warrants. Mr. Giustra acquired the above-mentioned securities for investment purposes, and may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant. A copy of the Early Warning Report filed by Mr. Giustra may be obtained from the Company's SEDAR profile. Certain insiders of the Company subscribed for a total of 666,000 Units which constitutes a "related party transaction" for the purposes of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities issued to the Insiders nor the fair market value of the consideration for the securities issued to the Insiders exceeds 25% of the Company's market capitalization as calculated in accordance with MI 61-101. The Company did not file a material change report containing all of the disclosure required by MI 61-101 more than 21 days before the expected closing date of the offerings as the aforementioned insider participation had not been confirmed at that time and the Company wished to close the offerings as expeditiously as possible. About the El Quevar Project The El Quevar Project is located in Salta, Argentina and spans an area of 57,000 hectares. The property remains underexplored with less than 3% of the area covered with comprehensive exploration work. The property boasts exceptional infrastructure with over 60 km of internal roads, a fully owned, fully operational camp for 100 workers with multiple support buildings, and a railroad, gas pipeline and service road just 3 km from camp, while a high–voltage transmission line lies approximately 20 km from the exploration area. The robust infrastructure associated with the project provides a cost-effective platform to de–risk and accelerate future drilling and development. The foundational Mineral Resource Estimate of the Yaxtché deposit boasts an indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag (1). The mineral resource area remains open at depth and in multiple directions, particularly to the southeast and northwest. One of the objectives of the ongoing 2025 Winter Drilling Program is to specifically target and expand these high-grade Yaxtché zones. The mineralization at the Yaxtché deposit is defined as a silver rich, high to intermediate-sulphidation epithermal system with associated gold. Mineralization is controlled by NW-SE and NE-SW fault structures and is mainly hosted in brecciated zones and dacite domes. Silver minerals at Yaxtché consist of complex silver sulphides, sulphosalts and native silver. These minerals are found within silicified breccias, commonly appearing as veinlets, stockworks, disseminations, and breccia fillings. Qualified Person Rob van Egmond, a "qualified person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release. Rob van Egmond, has visited the El Quevar Project and is not independent of the Company. (1) Refer to NI43-101 technical report with effective date of September 30, 2024, titled "NI 43-101 Technical Report on the Mineral Resource Estimate of the El Quevar Project Salta Province, Argentina", posted on under Argenta Silver Corp. About Argenta Silver Corp. Argenta Silver Corp. is a silver exploration company committed to (or- "focused on") advancing projects that support the global energy transition. Our mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America. Led by an experienced management team with deep expertise in exploration, finance, and project development, Argenta emphasizes responsible mining practices and is well-positioned to meet the rising demand for silver — a critical metal in renewable energy and emerging technologies. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act"); or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. On behalf of Argenta Silver Corp. "Joaquín Marias" President and Chief Executive Officer Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward looking information in this news release includes, but is not limited to, the intended use of proceeds of the Offering and the final approval of the Offering and Pro Rata Investment by the TSX-V. Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. SOURCE Argenta Silver Corp.
