Brief: Dream Asset Management Corporation Increases Interest In Dream Hard Asset Alternatives Trust

DREAM Unlimited

17/10/2019 02:15

Oct 16 (Reuters) - DREAM Unlimited Corp  DRM.TO :
    * DREAM ASSET MANAGEMENT CORPORATION INCREASES INTEREST IN
DREAM
HARD ASSET ALTERNATIVES TRUST
    * DREAM UNLIMITED-DAM HAS AGREED TO ACCEPT UNITS IN
SATISFACTION
OF MANAGEMENT FEES IN ORDER TO INCREASE ITS OWNERSHIP STAKE IN
DAT
    * DREAM UNLIMITED - FOLLOWING ACQUISITION, DAM AND ITS JOINT
ACTORS OWN 16,105,076 UNITS REPRESENTING ABOUT 23.4% OF ISSUED
AND OUTSTANDING UNITS
    * DREAM UNLIMITED - DAM INTENDS TO EVALUATE INVESTMENT IN
UNITS ON
CONTINUING BASIS & EITHER MAY ACQUIRE UNITS OR DECREASE HOLDINGS
OF UNITS IN FUTURE
    * DREAM UNLIMITED -DREAM ASSET MANAGEMENT ACQUIRED 317,245
UNITS
OF DREAM HARD ASSET ALTERNATIVES TRUST
    * DREAM UNLIMITED- DAM TO PRESERVE CASH TO SUPPORT CASH
DISTRIBUTIONS BY DAT WHILE DAT SEEKS TO RAISE MARKET VALUE OF
UNITS BY OFFERING TO PURCHASE UNITS

Source text for Eikon:  ID:nGNX3Tn86R 
Further company coverage:  DRM.TO 

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