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InvestmentPitch Media video discusses Yorkton Group a growth-oriented real estate investment company

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Yorkton Group invests in multifamily rental properties under a risk averse business model, such as apartment buildings and townhouse complexes, with significant upside potential focusing on cities with strong population in-migration, with an initial focus in British Columbia.

Additional Information:

Company: Yorkton Equity Group
Website: http://www.YorktonEquityGroup.com
Stock Symbol: TSXV: YEG
Date Published: Jun 8, 2021
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Today’s feature company is Yorkton Equity Group, a fully integrated, growth-oriented real estate investment company trading on the TSX Venture Exchange under the symbol “YEG”.

The company invests in multifamily rental properties under a risk averse business model, such as apartment buildings and townhouse complexes, with significant upside potential focusing on cities with strong population in-migration, with an initial focus in British Columbia.

Yorkton Equity Group is built on the solid foundations of the multi award winning Yorkton Group of companies, with more than 30 years’ experience in real estate.

The company enjoys the financial and operational backing of the Yorkton Group of companies and is focused on growing the net asset value and net operating income of its portfolio through organic growth as well as operational efficiencies.

Management believes the Covid-19 pandemic provides tremendous real estate investment opportunities for the company, given the low interest rate environment, and the greater supply of available properties. Increased immigration levels in the coming years, as recently announced by the Federal Government are also expected to have a positive impact on the rental market.

In addition, the surging prices of real estate in high growth cities are driving people into the residential rental market.

Before we look at the company’s property portfolio, let’s meet some of its senior management.

“Hi, I’m Bill Smith, chairman of Yorkton Equity group”…“We are committed to strong financial management and portfolio performance and committed to transparency, and integrity with the ultimate goal of strengthening the value proposition to our shareholders”

“my name is Ben Lui, I’m the CEO of the Yorkton Equity Group Inc.”… “we are honoured to be entrusted with public funds. Out goal is to continuously earn the confidence and trust of our shareholders by delivering outstanding shareholder value in the years to come”

Its current portfolio includes a 100% interest in the Pacific Mall in Edmonton, which has been generating strong cash flow, and is a holding property for future disposition for a $200 million mixed used development, and the 62-unit apartment condominium Riviera Gardens in Edmonton. In addition, YEG has a 25% interest in the Yorkton 108 limited partnership which is a 193-unit apartment condominium development project in the Surrey City Centre. YEG also has purchase contracts to acquire two more residential rental properties; a 19-unit luxury townhouse complex in Kelowna and a 16-unit apartment in Langford Victoria. These properties have combined appraised values of approximately $58 million, and $24 million in net asset value.

In the coming months, the company plans to deploy an aggressive multifamily rental property acquisition strategy consistent with its risk averse business model.

Since its listing on the TSX Venture Exchange on November 20th, the share price has nearly doubled from $0.20 to the current $0.35 price.

The company is well funded having completed a number of private placements, with the recent May offering oversubscribed by more than 40%.

Yesterday the company launched a new private placement and is looking to raise gross proceeds of up to $2 million from the placement of approximately 6.7 million units (6,666,667) priced at $0.30 per unit.

Each unit contains a full warrant exercisable at $0.45 for 24 months, subject to an acceleration clause.

For more information, please visit the company’s website www.YorktonEquityGroup.com, contact Ben Lui, CEO, at 780-409-8228.

For investor relations or information on this latest offering, call 780-907-5263 or email investors@YorktonGroup.com

I’m Megan Edwards for Investmentpitch Media