Dream Unlimited Corp. Announces Plans to Develop 5,000 Purpose-built Rental Suites Across Canada, After Federal Government Tables New GST Legislation TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- After new legislation related to GST exemptions was tabled in Parliament on Thursday, September 21, 2023, along with anticipated provincial announcements on tax waivers and average interest rates seen this year, Dream Unlimited Corp. (TSX: DRM) (“Dream”) has announced plans to deliver 5,000 new purpose-built rental units in urban centres across Canada. These government announcements establish a new...
A director at DREAM Unlimited Corp sold 71,000 shares at 20.650CAD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...
Dream Unlimited Corp. Q2 2020 Financial Results Release Date, Webcast And Conference Call TORONTO, July 17, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) will be releasing its financial results for the quarter ended June 30, 2020, on Tuesday, August 11, 2020. Senior management will be hosting a conference call to discuss the financial results. Conference call:Date:Wednesday, August 12, 2020 at 1:00p.m. (ET)Dial:For Canada and USA please dial: 1-888-465-5079 For International please dial: 416-216-4169Passcode: 5776 154# A taped replay of the call will be available for ninety...
Dream Unlimited Corp. Announces Effective Date of Share Consolidation TORONTO, July 02, 2020 (GLOBE NEWSWIRE) -- DREAM UNLIMITED CORP. (“Dream” or the “Company”) (TSX: DRM) today announced that it has filed articles of amendment implementing a previously announced consolidation (the “Share Consolidation”) of all the issued and outstanding Class A subordinate voting shares in the capital of Dream (the “Subordinate Voting Shares”) on the basis of one (1) post-consolidation Subordinate Voting Share for every two (2) pre-consolidation Subordinate Voting Shares, and all of the issued and outst...
Dream Unlimited Corp. Announces Voting Results of Annual and Special Meeting of Shareholders and Determination to Proceed With Share Consolidation TORONTO, June 30, 2020 (GLOBE NEWSWIRE) -- DREAM UNLIMITED CORP. (“Dream” or the “Company”) (TSX: DRM) announced that, all resolutions considered by shareholders at its annual and special meeting of shareholders (the “Meeting”) of the Company held today have been approved. Election of Directors & Appointment of Auditor At the Meeting, all of the nominees for election as directors of Dream referred to in the Management Information Circular of ...
DREAM UNLIMITED CORP. (CA), a company active in the Real Estate Holding & Development industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date June 12, 2020...
Dream Unlimited Corp. Provides Business Update TORONTO, June 11, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today provided a business update on transactional and operational activity for the month of June 2020. Dream has now closed on the sale of its indirect interest in a renewable power portfolio to Potentia Renewables Inc. In addition, we are near completion of the re-financing of the Distillery District, which comprises 395,000 sf of commercial and retail GLA in downtown Toronto. In aggregate, these transactions will generate cash o...
Dream Unlimited Corp. Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend TORONTO, May 20, 2020 (GLOBE NEWSWIRE) -- DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.030 per Class A Subordinate Voting Share and Class B Common Share payable on June 30, 2020 to shareholders of record on June 15, 2020. The dividends are designated as eligible dividends for the purposes of section 89 of the Income Tax Act (Canada). Dream is a leading developer of exceptional office and residential ...
Dream Unlimited Corp. Provides Supplemental Earnings Information TORONTO, May 15, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today announced supplemental information to the Company’s financial results for the three months ended March 31, 2020. The Company is providing further information regarding the composition of Dream’s earnings for the period as follows: Three months ended March 31, 2020 (in thousands of dollars)Asset ManagementStabilized Properties Arapahoe BasinDream standalone(1)Dream Alternatives & Consolidation and fair val...
Dream Unlimited Corp. Reports First Quarter Results & Expands Asset Management Executive Team TORONTO, May 12, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”, “the Company” or “we”) today announced its financial results for the three months ended March 31, 2020 (“first quarter”). Key Operational Highlights for the Quarter: During the first quarter, we sold our 480-acre Glacier Ridge residential community to Qualico, a neighbouring property owner for the purposes of co-developing the land. The aggregate sale price of $84 million generated net margin of $4...
Dream Unlimited Corp. and Dream Office REIT Announce Virtual Conference Call for Investors TORONTO, April 15, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) (“Dream”) and Dream Office REIT (TSX: D.UN) (“Dream Office”) today announced that senior management of Dream and Dream Office will host a virtual conference call for investors on April 17, 2020 at 3:00 pm (EDT) to discuss Dream and Dream Office’s response to the current COVID-19 pandemic, to provide a business update and answer questions via live Q&A chat. Sam Damiani of TD Securities Inc. will act as moderator. To registe...
DREAM UNLIMITED CORP. ACQUIRES UNITS OF DREAM OFFICE REAL ESTATE INVESTMENT TRUST TORONTO, March 23, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) (“Dream”) announced today that it has acquired 390,000 REIT Units, Series A (“Units”) of Dream Office REIT (TSX: D.UN) (“Dream Office REIT”), representing approximately 0.6% of the issued and outstanding Units on the Toronto Stock Exchange (the “TSX”) for aggregate consideration of $6,279,000 or $16.10 per Unit. Prior to the acquisition, Dream and its joint actors owned 18,611,953 Units representing approximately 30.1% of the issued...
Dream Unlimited Corp. Announces Resignation of Chief Financial Officer TORONTO, March 09, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) (“Dream”) today announced that Ms. Pauline Alimchandani has advised Dream of her decision to resign as Executive Vice President and Chief Financial Officer of Dream effective April 9, 2020 to pursue another opportunity. Mr. Michael Cooper, President and Chief Responsible Officer of Dream, commented, “On behalf of management and the Board of Directors, I would like to thank Pauline for her past services, commitment and dedication to Dream ...
Dream Unlimited Corp. Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend TORONTO, March 04, 2020 (GLOBE NEWSWIRE) -- DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.030 per Class A Subordinate Voting Share and Class B Common Share payable on March 31, 2020 to shareholders of record on March 13, 2020. The dividends are designated as eligible dividends for the purposes of section 89 of the Income Tax Act (Canada). Dream is a leading developer of exceptional office and resident...
Dream Unlimited Corp. Announces Increase to Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend TORONTO, Feb. 25, 2020 (GLOBE NEWSWIRE) -- DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved an increase to the annual dividend from $0.10 to $0.12 per Class A Subordinate Voting Share and Class B Common Share. The increase will be effective with the dividend payable to shareholders on March 31, 2020. Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in b...
Dream Unlimited Corp. Reports Fourth Quarter Results & Significant Growth in EPS and Book Equity This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today announced its financial results for the three and twelve months ended December 31, 2019. Basic earnings per share (“EPS”) on a Dream standalone basis for the three and twelve mon...
Dream Unlimited Corp. Q4 2019 Financial Results Release Date, Webcast and Conference Call TORONTO, Jan. 24, 2020 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM) will be releasing its financial results for the year ended December 31, 2019, on Tuesday, February 25, 2020. Senior management will be hosting a conference call to discuss the financial results. Conference call: Date: Tuesday, February 25, 2020 at 5:00p.m. (ET)Dial: For Canada and USA please dial: 1-888-465-5079 For International please dial: 416-216-4169Passcode: 8232 187# A taped replay of the call will be available ...
Dream Unlimited Corp. Announces Final Results of Its Successful $117.5 Million Substantial Issuer Bid TORONTO, Jan. 24, 2020 (GLOBE NEWSWIRE) -- DREAM UNLIMITED CORP. (DRM-TSX) (“Dream”, the “Company” or “we”) announced today the final results of its substantial issuer bid to purchase for cancellation up to 10,000,000 of its outstanding Class A subordinate voting shares (“Shares”) at a price of $11.75 per Share (the “Purchase Price”), for an aggregate purchase price not to exceed $117,500,000 (the “Offer”), which expired at 5:00 p.m. Eastern time on January 22, 2020. In accordance with t...
Dream Unlimited Corp. Announces Preliminary Results of Its Successful $117.5 Million Substantial Issuer Bid TORONTO, Jan. 23, 2020 (GLOBE NEWSWIRE) -- DREAM UNLIMITED CORP. (DRM-TSX) (“Dream”, the “Company” or “we”) announced today the preliminary results of its substantial issuer bid to purchase for cancellation up to 10,000,000 of its outstanding Class A subordinate voting shares (“Shares”) at a price of $11.75 per Share (the “Purchase Price”), for an aggregate purchase price not to exceed $117,500,000 (the “Offer”). The Offer expired at 5:00 p.m. Eastern time on January 22, 2020. In a...
Dream Unlimited Corp. Announces Redemption of First Preference Shares, Series 1 NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) -- Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”) today announced that it has redeemed all of its outstanding First Preference Shares, Series 1 (“Series 1 Shares”), in accordance with their terms. The cash redemption price for the Series 1 Shares was $7.16 per share, plus all accrued and unpaid dividends from September 30, 2019 up to and including the Redemption Date, for aggr...
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