Pyramine Income Trust

Real Estate
Toronto, Ontario, Canada
Pyramine Income Trust
Pyramine Income Trust


Investment complete
Funded Of $1,000,000.00 Goal
14.09% Raised
Offering Memorandum Offer. Structure
- Days Left
$500.00 Min. investment
$100,000.00 Max. investment
$100,000.00 Minimum Raise
N/A Maximum Raise

Offering Description

Offering Terms

NOTE: You will need your Bank Account Number, Transit Number, and Institution Number to Invest.

This Offering is TFSA/RRSP Eligible.  PLEASE SPEAK TO EQUIVESTO before investing if you wish to invest via TFSA/RRSP.

This offering is TFSA/RRSP Eligible through Western Pacific Trust Company only.  Read HERE for more details.

Securities: Class A Series I Trust Units

Minimum Subsctiption Amount: CAD $500.00

Subscription Price: CAD $1.00 per Share

Offering Size: There is no maximum or minimum offering size.

Target Returns:

Pyramine Income Trust directly invests proceeds into Class A Series I Pyramine LP Units issued by Pyramine Investment Limited Partnership.  The Trust targets payment of quartlery distributions to unit holders in the amount equal to 4% per annum of the issue price of the Units.  Unit holders will also share, on a pro rata basis, in any distributions received by the trust from Pyramine LP (Special Distribution).  The Trust aims to commence Special Distributions in 5 years and for them to continue annually afterwards.  Please see the Offering Memorandum for more details.  Proceeds paid out as part of Special Distributions will be split 70/30 between LP Unit holders and the General Partners unit the target return of 12% per annum is reached, after which distributions will change to a 50/50 split between LP Unit Holders and the GP.  

Redemption Terms: Holders of Class A Units are entitled to redeem their units on a quarterly basis, subject to terms and conditions.  Please see Offering Memorandum for more details.  

This investment has an optional Distribution Reinvestment Plan (DRIP).  Please see the Offering Memorandum for more details.  

Investor Relations: Quarterly Investor Reports / Annual Audited Financial Statements

Please note these outlined returns and distributions are targets only, and the corporation makes no assurances that they will meet these targets.  

This is a shortened summary of the investment offering, and does not contain all details.  Please review the Offering Memorandum and Term Sheet (both attached to this offering page) in detail prior to investing.  

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