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Canoe Financial Renews At-The-Market Equity Program for Canoe EIT Income Fund

Provided By GlobeNewswire

Last update: Dec 19, 2024

Not for distribution to U.S. Newswire Services or for dissemination in the United States.

CALGARY, Alberta, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Canoe EIT Income Fund (the “Fund”) (TSX: EIT.UN) (TSX: EIT.PR.A) (TSX: EIT.PR.B) is pleased to announce that it is renewing its at-the-market equity program (the “ATM Program”) that will allow the Fund to issue up to $625,000,000 of units of the Fund (the “Units”) to the public from time to time, at the discretion of Canoe Financial LP (the “Manager”). Any Units issued pursuant to the ATM Program will be sold at the prevailing market price at the time of sale through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Units are listed, quoted or otherwise traded. This ATM Program replaces the prior program established in December 2022 that has terminated.

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