AIP Realty Belief Pronounces Extension of Non-Brokered Providing

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VANCOUVER, British Columbia, July 26, 2024 (GLOBE NEWSWIRE) — AIP Realty Belief (the “Belief” or “AIP”) (TSXV: AIP.U) at this time proclaims that it has acquired approval from the TSX Enterprise Alternate (the “TSXV”) to increase the value reservation on its non-brokered personal placement (the “Financing”), for which the Belief introduced the closing of a primary tranche on April 19, 2024, by a further 30 days till August 23, 2024. The Belief intends to shut a second tranche in addition to any further tranches thereafter, on or earlier than August 23, 2024.

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The Financing consists of the issuance of as much as 6,000,000 Most popular Items – Sequence B Convertible (every, a “Most popular Unit”), at a value of US$0.50 per Most popular Unit for combination gross proceeds of as much as US$3,000,000. An combination of 1,100,000 Most popular Items for combination gross proceeds of US$550,000 have been issued beneath the primary tranche. The phrases and circumstances of the Most popular Items can be found on the Belief’s SEDAR+ profile at www.sedarplus.com.

The Belief intends to make use of the proceeds of the Non-public Placement for working capital and normal company functions.

Completion of the Financing, together with a second or different tranches of the Financing stays topic to approval from the TSX Enterprise Alternate (the “TSXV”).

About AIP Realty Belief

AIP Realty Belief is an actual property funding belief with a rising portfolio of AllTrades branded Serviced Industrial Enterprise Suites (“SIBS”) mild industrial flex amenities centered on small companies and the trades and providers sectors within the U.S. These properties enchantment to a various vary of small area customers, comparable to contractors, expert trades, suppliers, restore providers, last-mile suppliers, small companies and meeting and distribution corporations. They sometimes provide engaging fundamentals together with low tenant turnover, secure money circulation and low capex depth, in addition to important development alternatives. With an preliminary concentrate on the Dallas-Fort Price market, AIP plans to roll out this progressive property providing nationally. AIP holds the unique rights to finance the event of and to buy all the finished and leased properties constructed throughout North America by its improvement and property administration companion, AllTrades Industrial Properties, Inc. For extra info, please go to www.aiprealtytrust.com.

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For additional info from the Belief, contact:
Leslie Wulf
Govt Chairman
(214) 679-5263
les.wulf@aiprealtytrust.com

Or

Greg Vorwaller
Chief Govt Officer
(778) 918-8262
Greg.vorwaller@aiprealtytrust.com

Cautionary Assertion on Ahead-Trying Data

This press launch comprises statements which represent “forward-looking info” throughout the that means of relevant securities legal guidelines, together with statements relating to the plans, intentions, beliefs and present expectations of AIP Realty Belief with respect to future enterprise actions and working efficiency. Ahead-looking info is usually recognized by the phrases “could”, “would”, “may”, “ought to”, “will”, “intend”, “plan”, “anticipate”, “imagine”, “estimate”, “anticipate” or related expressions and consists of info relating to, the closing of any subsequent tranche of the Financing, the power to acquire regulatory and unitholder approvals and different elements. When or if used on this information launch, the phrases “anticipate”, “imagine”, “estimate”, “anticipate”, “goal, “plan”, “forecast”, “could”, “schedule” and related phrases or expressions determine forward-looking statements or info. These forward-looking statements or info could relate to proposed financing exercise, proposed acquisitions, regulatory or authorities necessities or approvals, the reliability of third-party info and different elements or info. Such statements characterize the Belief’s present views with respect to future occasions and are essentially based mostly upon numerous assumptions and estimates that, whereas thought-about cheap by the Belief, are inherently topic to important enterprise, financial, aggressive, political and social dangers, contingencies and uncertainties. Many elements, each recognized and unknown, may trigger outcomes, efficiency or achievements to be materially completely different from the outcomes, efficiency or achievements which might be or could also be expressed or implied by such forward- wanting statements. The Belief doesn’t intend, and don’t assume any obligation, to replace these forward-looking statements or info to mirror modifications in assumptions or modifications in circumstances or another occasions affecting such statements and knowledge aside from as required by relevant legal guidelines, guidelines and laws.

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Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

This information launch shouldn’t be a suggestion of securities on the market in the US. The securities might not be provided or offered in the US absent registration or an exemption from registration beneath U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”). The Belief has not registered and won’t register the securities beneath the U.S. Securities Act. The Belief doesn’t intend to interact in a public providing of their securities in the US.

Supply: AIP Realty Belief

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