Each year, Ravensource investors have the right to redeem their units for 100% of net asset value. In turn, Ravensource can recirculate — i.e. resell — those units to interested investors. The Recirculation offers a once-a-year opportunity for investors to buy more units of Ravensource than are usually available in the market.
Ravensource has engaged BMO Nesbitt Burns as Recirculation Agent to ensure orders are settled correctly and efficiently. The details for this year’s Recirculation Opportunity are:
Units available for purchase: 250,264
Recirculation price per unit: $17.3311 (NAV as of Sept. 2, 2021)
Order Deadline Date: September 22, 2021 @ 2pm
Settlement Date: September 24, 2021