Northwire Canada EditionTuesday, July 14, 2026
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WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%

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Original News Release

Primaris closes $21.4-million overallotment option

Primaris Real Estate Investment Trust Oct 21, 2025 · 18:47 PMZ As distributed — unedited
Mr. Alex Avery reports PRIMARIS REIT ANNOUNCES CLOSING OF OVER-ALLOTMENT OPTION Primaris Real Estate Investment Trust has closed the issuance of an additional 1,448,599 trust units of Primaris for gross proceeds of approximately $21.4-million. The issuance was pursuant to the exercise in full by the underwriters of their overallotment option with respect to the trust's recently completed public offering of 10 million units on Oct. 10, 2025. The exercise of the overallotment option increases the total gross proceeds of the offering to approximately $168.9-million. The trust intends to use the net proceeds from the exercise of the overallotment option to pay down debt relating to the recently completed acquisition of Promenades St-Bruno. The offering was led by TD Securities Inc., RBC Capital Markets and Desjardins Capital Markets, as joint bookrunners, on behalf of a syndicate of underwriters that included CIBC Capital Markets, Scotiabank, National Bank Financial Inc., Canaccord Genuity Corp. and Raymond James Ltd. The units were offered in each of the provinces and territories of Canada pursuant to a prospectus supplement dated Oct. 7, 2025, filed under Primaris's short-form base shelf prospectus dated Aug. 6, 2024. The terms of the offering are described in the prospectus supplement, which is available under the trust's profile on SEDAR+. About Primaris Real Estate Investment Trust Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The portfolio totals 15.6 million square feet, valued at approximately $5.4-billion at Primaris's share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. We seek Safe Harbor.
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