Further to the description in the Company’s Board of Directors Report for 2019 (Reference No. 2020-01-027372) and further to the description in the supplementary immediate report dated
As part of the Transaction, the Company will extend a vendor take-back loan to the Buyer in the amount of CAD
- Five unequal installments as follows: (a) CAD
- Approximately CAD
- CAD
A total of CAD
About Skyline
Skyline is a Canadian company that specializes in hospitality real estate investments in
The Company is traded on the Tel Aviv Stock Exchange (ticker: SKLN) and is a reporting issuer in
For more information:
Chief Financial Officer
robw@skylineinvestments.com
1 (647) 207-5312
VP, Asset Management & Investor Relations
benn@skylineinvestments.com
1 (416) 368-2565 ext. 2222
Forward-Looking Statements
This report contains forward-looking statements (within the meaning of applicable securities laws) relating to the Company’s business. In some cases, forward-looking statements can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. The Company’s assessments regarding the Transaction constitute forward-looking statements. Forward-looking statements involve a number of known and unknown risks and uncertainties, many of which are outside of our control that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks detailed in our public filings. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this report and, except as expressly required by applicable law, we undertake no obligation to update any forward-looking or other statements herein whether as a result of new information, future events or otherwise.
Source:
2020 GlobeNewswire, Inc., source