RE Royalties Finalizes Subscription for Non-Brokered Equity Offering

RE Royalties Ltd., a leader in renewable energy financing, has successfully closed its non-brokered private placement offering. The offering saw a total subscription for 10,625,000 units at $0.32 per unit, yielding gross proceeds of $3,400,000. Each unit consists of one common share and one warrant, with warrants exercisable into shares at $0.45 over 36 months.

The offering aligns with exemptions in Canadian securities laws and is open in Ontario, British Columbia, Alberta, and select jurisdictions. Funds raised will contribute to working capital and corporate purposes, pending approval from the TSX Venture Exchange.

Investors can access the offering document on the company's website. RE Royalties continues to expand its royalty acquisitions in solar, wind, and other renewable resources globally.