All amounts are in Canadian dollars, unless otherwise indicated
VANCOUVER, BC / ACCESSWIRE / September 27, 2021 / RE Royalties Ltd. (TSXV: RE) (“RE Royalties“or the”Society“), a global leader in royalty-based financing for renewable energy, is pleased to announce that it has placed 147th in the Globe and Mail Report on Business’s 2021 ranking of Canadian companies at the higher growth.
Launched in 2019, the Editorial Ranking of Best Growing Companies in Canada aims to celebrate entrepreneurial achievements in Canada by identifying and amplifying the success of independent, growth-oriented businesses in Canada. It is a voluntary program; companies had to complete an extensive application process to qualify. A total of 448 companies have secured a place in this year’s ranking.
Canada’s Top Growing Companies ranks Canadian companies based on three-year revenue growth. RE Royalties has earned its place with a three-year revenue growth rate of 298%.
“On behalf of the RE Royalties team, board of directors and investors, it is a privilege to be recognized by The Globe and Mail for our innovative royalty financing solution that helps renewable energy companies and sustainable to resolve climate challenges and grow their businesses effectively and efficiently, ”said Bernard Tan, CEO. “We are honored to be recognized among other innovative growing companies and I am constantly inspired by our team and the dedication of our clients to developing a more sustainable future and bringing more clean energy projects and products to market. . “
“As we look to the future, Canada’s fastest growing companies offer both inspiration and practical perspectives to other companies facing similar challenges,” said James Cowan, Editor-in-Chief. from Report on Business magazine. “The entrepreneurs behind these companies are smart, tenacious and unwavering in their commitment to their goals.”
“Any business leader looking for inspiration should look no further than the 448 companies listed in this year’s Business Report ranking of Canada’s fastest growing companies,” said Phillip Crawley, editor. and CEO of The Globe and Mail. “Their growth helps make Canada a better place, and we are proud to share their stories with our readers.
John Tumazos Very Independent Research Virtual Conference 2021
RE Royalties will present at the John Tumazos Very Independent Research 2021 Virtual Conference on Wednesday, October 13, 2021 at 10:30 a.m. PST (1:30 p.m. EST). The presentations are virtual and an archived presentation will be available after the live event in the investors section of the RE Royalties website. Investors interested in attending the event are welcome to register here: https://veryindependentresearch.net/conference-2021/
Scotian Windfields loan early repayment
The Company is also pleased to announce that it has received an early and full repayment by Scotian Windfields Inc. of its $ 3.3 million secured term loan, which was first advanced in February 2020. The Company continues to maintain its gross revenue royalties on the gross revenue of Scotian Winfield 12 operational wind projects.
On behalf of the Board of Directors,
About RE Royalties Ltd.
RE Royalties Ltd. is a specialty finance company founded in 2016 that creates long-term stable cash flow by using a royalty-based funding model to grant loans and acquire royalties based on revenues from renewable energy projects and businesses and own in the world. The Company’s mission is to provide innovative financing for solutions to climate change and is the first to apply this proven business model to the renewable energy sector. The Company currently holds 87 royalties on solar, wind, storage and hydroelectric projects in Canada, Europe and the United States. The Company’s business objectives are to provide shareholders with strong and growing returns, strong capital protection, a high growth rate through reinvestment and a sustainable investment focus. RE Royalties is a company listed on the TSX Venture Exchange under the symbol “RE”.
About the Globe and Mail
The Globe and Mail is Canada’s premier news media company, leading national debate and causing policy change through courageous, independent journalism since 1844. With award-winning coverage of business, politics and national affairs , The Globe and Mail reaches 6.4 million readers each week in print or digital format, and Report on Business magazine reaches 2 million readers in print and digital format in each issue. The Globe and Mail’s investment in innovative data science means the world continues to change, and so does the Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
For more information, please contact:
Renmark Financial Communications Inc.
Daniel Gordon: [email protected]
Phone. : (416) 644-2020 or (212) 812-7680
Talia Beckett: [email protected]
Phone: (778) 374‐2000
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.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, and there will be no offer or sale of securities in any jurisdiction in which such an offer. , solicitation or sale would be illegal. The securities offered have not been approved or disapproved by any regulatory authority and none of those authorities has passed judgment on the accuracy or sufficiency of the short form base shelf prospectus or prospectus supplement. The offering and sale of the securities has not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”) or any securities law of a State and may not be offered or sold in the United States. or persons in the United States without an applicable registration or exemption from the registration requirements of the US Securities Act and applicable state securities laws.
This press release contains forward-looking information and forward-looking statements (collectively, “forward-looking information”) concerning the Company and within the meaning of Canadian securities laws. Forward-looking information is generally identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those which, by their nature, refer to future events. This information represents forecasts and actual events or results may differ materially. Forward-looking information may relate to the future prospects of the Company and anticipated events or results and may include statements regarding the Company’s financial results, future financial condition, expected growth in cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, goals, industry trends and growth opportunities, including financing. The reader is encouraged to consult the most recent Company documents on SEDAR for a more complete discussion of all applicable risk factors and their potential effects, copies of which can be viewed through the Company’s profile page at ‘address www.sedar.com.
THE SOURCE: RE Royalties Ltd.
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