Daniel Argiros Acquires Trust Units of Sun Residential Real Estate Investment Trust

Toronto, Ontario--(Newsfile Corp. - January 30, 2020) - On January 28, 2020, Sun Residential Real Estate Investment Trust ("Sun") completed its previously disclosed Qualifying Transaction (as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange) and concurrent private placement of 148,338,999 trust units issued at a price of C$0.115 per unit, resulting in aggregate gross proceeds to Sun of approximately C$17,058,985.Before the private placement,...

2020-01-30 6:44 PM EST