TORONTO AND INDIANAPOLIS, IN, SEPTEMBER 15, 2016 - Mainstreet Health Investments (TSX: HLP.U) ("Mainstreet" or the "Company") today announced that it has entered into a series of agreements to acquire interests in seven seniors housing and care properties comprising 739 beds and suites and invest in five mezzanine loans (collectively, the "Acquisitions") for a total purchase price of approximately US$152 million.
TORONTO, AUGUST 17, 2016 - Mainstreet Health Investments Inc. (TSX:HLP.U) announced today a cash dividend in the amount of US$0.06139 per common share for the period from August 1, 2016 to August 31, 2016. The dividend will be payable on September 15, 2016 to shareholders of record as of August 31, 2016.
TORONTO, AUGUST 10, 2016 - Mainstreet Health Investments Inc. (TSX: HLP.U) (the "Company") today announced its results for the three and six months ended June 30, 2016. All dollar amounts are stated in US dollars unless otherwise noted.
TORONTO, JULY 20, 2016 - Mainstreet Health Investments Inc. (the "Company") (TSX: HLP.U) will release its fiscal 2016 second quarter results on Wednesday, August 10, 2016 after markets close. Management of the Company will hold a conference call at 10:00 a.m. ET on Thursday, August 11, 2016 to review the financial results.
TORONTO, JULY 18, 2016 - Mainstreet Health Investments Inc. ("Mainstreet" or the "Corporation") (TSX:HLP.U) announced today a cash dividend in the amount of US$0.06139 per common share for the period from July 1, 2016 to July 31, 2016. The dividend will be payable on August 15, 2016 to shareholders of record as of July 29, 2016.
TORONTO, JUNE 21, 2016 - Mainstreet Health Investments Inc. (the "Corporation" or "Mainstreet") (TSX: HLP.U) announced today the issuance of an additional 1,425,000 common shares of the Corporation at a price of US$10.00 per share for gross proceeds of US$14,250,000. The issuance was pursuant to the exercise of an over-allotment option granted to a syndicate of underwriters led by BMO Capital Markets, CIBC Capital Markets and National Bank Financial Inc. in connection with the Corporation's recent public offering (the "Offering"). The issuance of shares pursuant to the exercise of the over-allotment option increases the total gross proceeds of the Offering to US$109,250,000.
TORONTO, JUNE 17, 2016 - Mainstreet Health Investments Inc. ("Mainstreet" or the "Corporation") (TSX:HLP.U) announced today its first cash dividend in the amount of US$0.05729 per common share for the period from June 2, 2016 to June 30, 2016. The dividend will be payable on July 15, 2016 to shareholders of record as of June 30, 2016.
TORONTO, JUNE 2, 2016 - Mainstreet Health Investments Inc. ("Mainstreet" or the "Corporation") (TSX:HLP.U) today announced that it has completed its public offering of 9,500,000 common shares ("Common Shares") of the Corporation (the "Offering") for gross proceeds of US$95,000,000. The Offering was conducted through a syndicate of underwriters led by BMO Capital Markets, CIBC Capital Markets and National Bank Financial Inc. The underwriters have been granted an overallotment option, exercisable at any time up to 30 days following closing of the Offering, to purchase up to an additional 1,425,000 Common Shares, which, if exercised in full, will increase the total gross proceeds of the Offering to US$109,250,000.
TORONTO, MAY 27, 2016 - Mainstreet Health Investments Inc. (TSXV: HLP.U) (the "Company") (formerly Kingsway Arms Retirement Residences Inc.) today announced its financial results for the three months ended March 31, 2016. All dollar amounts are stated in US dollars unless otherwise noted.
TORONTO, MAY 26, 2016 - Mainstreet Health Investments Inc. ("Mainstreet" or the "Corporation") (TSXV:HLP.U) today announced that it has filed a final prospectus (the "Final Prospectus") with the securities authorities in all provinces and territories of Canada with respect to its previously announced offering (the "Offering") of common shares (the "Common Shares"). The Common Shares will be issued at a price of US$10.00 per Common Share. Gross proceeds of the Offering will be US$95,000,000.