RE Royalties Announces Cancellation of Previously Announced Non-Brokered Listed Issuer Financing Equity Offering Due to Early Repayment from Clients
RE Royalties (OTCQX:RROYF), a leader in renewable energy royalty-based financing, has announced the cancellation of its previously announced non-brokered private placement offering. The offering would have consisted of up to 10,625,000 units at $0.32 per unit, potentially raising $3.4 million.
The company cited early loan repayments from clients and recent share price volatility as reasons for the cancellation. CEO Bernard Tan indicated that the company remains well-capitalized to pursue new investment opportunities and meet upcoming Series 1 Green Bonds maturity obligations. RE Royalties currently owns over 100 royalties on renewable energy projects across Canada, United States, Mexico, the Maldives, and Chile.
RE Royalties (OTCQX:RROYF), leader nel finanziamento basato su royalty nel settore delle energie rinnovabili, ha annunciato la cancellazione della sua precedente offerta privata non brokerata annunciata in precedenza. L'offerta avrebbe potuto comprendere fino a 10.625.000 unità a 0,32 $ per unità, potenzialmente raccogliendo fino a 3,4 milioni di dollari.
L'azienda ha citato rimborsi anticipati di prestiti da parte dei clienti e la recente volatilità del prezzo delle azioni come motivi della cancellazione. Il CEO Bernard Tan ha indicato che l'azienda resta ben capitalizzata per perseguire nuove opportunità di investimento e per far fronte alle prossime scadenze delle obbligazioni verdi della Serie 1. RE Royalties possiede attualmente oltre 100 royalty su progetti di energia rinnovabile in Canada, Stati Uniti, Messico, Maldive e Cile.
RE Royalties (OTCQX:RROYF), líder en financiación basada en regalías para energías renovables, ha anunciado la cancelación de su oferta de colocación privada no brokereda anunciada previamente. La oferta habría consistido en hasta 10.625.000 unidades a 0,32 $ por unidad, potencialmente reuniendo hasta 3,4 millones de dólares.
La empresa citó como motivos reembolsos anticipados de préstamos por parte de los clientes y la reciente volatilidad del precio de las acciones. El CEO Bernard Tan indicó que la empresa permanece bien capitalizada para aprovechar nuevas oportunidades de inversión y cumplir con las próximas obligaciones de vencimiento de las Series 1 Green Bonds. RE Royalties actualmente posee más de 100 regalías en proyectos de energía renovable en Canadá, Estados Unidos, México, Maldivas y Chile.
RE Royalties (OTCQX:RROYF), 재생 에너지 로열티 기반 파이낸싱의 선두주자, 앞서 발표한 비브로커리지형 비공개 배정 공모의 취소를 발표했습니다. 공모는 최대 10,625,000 유닛을 1유닛당 0.32달러로 구성되어 최대 340만 달러를 모금할 수 있었을 것입니다.
회사는 고객의 조기 대출 상환 및 최근 주가 변동성을 취소 사유로 제시했습니다. CEO Bernard Tan은 회사가 새로운 투자 기회를 추구하고 다가오는 시리즈 1 그린 본드 만기 의무를 이행하기에 충분한 자본을 보유하고 있다고 밝혔습니다. RE Royalties는 현재 캐나다, 미국, 멕시코, 몰디브, 칠레의 재생 에너지 프로젝트에 대해 100건이 넘는 로열티를 보유하고 있습니다.
RE Royalties (OTCQX:RROYF), leader du financement basé sur les redevances dans le domaine des énergies renouvelables, a annoncé l'annulation de son offre publique privée sans intermédiaire (non brokerée) préalablement annoncée. L'offre aurait consisté en jusqu'à 10 625 000 unités à 0,32 $ l'unité, potentiellement réunissant jusqu'à 3,4 millions de dollars.
La société a évoqué des rembours de prêts anticipés par les clients et la volatilité récente du cours des actions comme motifs d'annulation. Le PDG Bernard Tan a indiqué que l'entreprise restait bien capitalisée pour poursuivre de nouvelles opportunités d'investissement et pour respecter les obligations de maturité des Green Bonds de Série 1. RE Royalties détient actuellement plus de 100 redevances sur des projets d'énergie renouvelable au Canada, aux États-Unis, au Mexique, aux Maldives et au Chili.
RE Royalties (OTCQX:RROYF), ein führendes Unternehmen in der Finanzierung basierter auf Tantiemen im Bereich der erneuerbaren Energien, hat die zuvor angekündigte private Platzierung ohne Broker-Dienstleistungen storniert. Das Angebot hätte aus bis zu 10.625.000 Einheiten zu 0,32 USD pro Einheit bestehen können und potenziell bis zu 3,4 Millionen USD einbringen können.
Das Unternehmen nannte frühzeitige Tilgungen von Krediten durch Kunden und die jüngste Volatilität des Aktienkurses als Gründe für die Stornierung. CEO Bernard Tan erklärte, dass das Unternehmen gut kapitalisiert bleibt, um neue Investitionsmöglichkeiten zu verfolgen und die Fälligkeiten der Series-1-Green-Bonds zu erfüllen. RE Royalties besitzt derzeit mehr als 100 Royalties an Projekten der erneuerbaren Energien in Kanada, den USA, Mexiko, den Malediven und Chile.
RE Royalties (OTCQX:RROYF)، الرائدة في التمويل القائم على الإتاوات في قطاع الطاقة المتجددة، أعلنت إلغاء عرضها الخاص غير الوسيط المعلن سابقاً. كان من شأن العرض أن يتألف من حتى 10,625,000 وحدة بسعر 0.32 دولار للوحدة، مما قد يجمع حتى 3.4 مليون دولار.
أفادت الشركة بأن السداد المبكر للقروض من قبل العملاء وظروف تقلب سعر السهم الأخيرة هي أسباب الإلغاء. قال الرئيس التنفيذي برنارد تان إن الشركة ما زالت ذات رأسمال قوي لمتابعة فرص استثمارية جديدة والوفاء بالالتزامات المستحقة لسندات الخضراء من السلسلة 1. تمتلك RE Royalties حالياً أكثر من 100 إتاوة في مشاريع الطاقة المتجددة عبر كندا والولايات المتحدة والمكسيك وجزر المالديف وتشيلي.
RE Royalties (OTCQX:RROYF)，在可再生能源特许权融资领域的领军企业，宣布取消先前宣布的非经纪私募发行。该发行原本将包含多达 10,625,000 个单位，单位价格为 0.32 美元，潜在募集资金最高可达 340 万美元。
公司将取消原因归因于 客户的提前偿还贷款以及最近股价波动。首席执行官 Bernard Tan 指出，公司仍具备充足资本以寻求新投资机会并履行即将到期的系列 1 绿色债券义务。RE Royalties 目前在加拿大、美国、墨西哥、马尔代夫和智利的可再生能源项目上拥有超过 100 项特许权。
- Early repayment of loans from clients strengthens company's capital position
- Company maintains strong liquidity to pursue new investment opportunities
- Well-positioned to meet Series 1 Green Bonds maturity obligations
- Diverse portfolio of over 100 royalties across multiple countries
- Unexplained volatility in company's share price
- Cancellation of $3.4 million equity offering may limit growth capital
- Potential missed opportunity to strengthen balance sheet through new investment
All amounts in Canadian dollars unless otherwise stated
VANCOUVER, BC / ACCESS Newswire / September 19, 2025 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, announces that it has cancelled its previously announced non-brokered private placement offering of up to 10,625,000 units at a price of
The decision to cancel the Offering was made due to the early repayment of loans from the Company's clients and recent volatility in the Company's share price, which management is unaware of the cause given there has been no material change to the Company's underlying business. Despite interest from new investors, the Company determined that proceeding with the Offering at this time would not be in the best interest of shareholders.
Bernard Tan, CEO commented, "We would like to thank investors for their interest in our Offering. Given the timing of the early investment repayments, the Company is well-capitalized in redeploying this capital into new investment opportunities that are currently under due diligence, and in meeting the maturity of the upcoming Series 1 Green Bonds. We will continue to investigate and pursue strategic options to unlock shareholder value."
About RE Royalties Ltd.
RE Royalties Ltd. acquires revenue-based royalties from renewable energy facilities and technologies by providing a non-dilutive financing solution to privately held and publicly traded companies in the renewable energy sector. RE Royalties is the first to apply this proven business model to the renewable energy sector. The Company currently owns over 100 royalties on solar, wind, hydro, battery storage, energy efficiency and renewable natural gas projects in Canada, United States, Mexico, the Maldives and Chile. The Company's business objectives are to provide shareholders with a strong growing yield, robust capital protection, high rate of growth through re-investment and a sustainable investment focus.
For further information, please contact:
Talia Beckett, Vice President of Communications and Sustainability
T: (778) 374‐2000
E: taliabeckett@reroyalties.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release includes certain statements that may be deemed "forward-looking information" or "forward- looking statements" within the meaning of Canadian and United States securities law. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions of future events or performance (often, but not always, using words or phrases including, but not limited to, "expects", "does not expect", "is expected", "anticipates", "does not anticipate", "plans", "estimates", "believes", "does not believe" or "intends", or stating that certain actions, events or results may, could, would, might or will be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking information". This information represents predictions, and actual events or results may differ materially.
While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements, including statement respecting approval of the Offering, use of proceeds and closing of the Offering, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving the renewable energy industry; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the renewable energy industry generally; income tax and regulatory matters; the ability of the Company to implement its business strategies including expansion plans; competition; currency and interest rate fluctuations; and the other risks discussed under the heading "Risk Factors" in the Company's annual MD&A dated April 30, 2025. The foregoing factors are not intended to be exhaustive.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date hereof and the Company and its directors, officers and employees disclaim any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. All forward-looking information is expressly qualified in its entirety by this cautionary statement. Any forward-looking statements contained in this discussion are made as of the date hereof and the Company does not undertake to update or revise them, except as may be required by applicable securities laws.
SOURCE: RE Royalties Ltd.
View the original press release on ACCESS Newswire
FAQ
Why did RE Royalties (RROYF) cancel its private placement offering in September 2025?
What was the size of RE Royalties' cancelled private placement offering?
How many renewable energy royalties does RE Royalties currently own?
What is RE Royalties' plan for meeting its Series 1 Green Bonds maturity?
How has the cancellation affected RE Royalties' investment strategy?
