Not for distribution to U.S. Newswire Services or for dissemination in the United States. TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Middlefield, on behalf of Real Estate Split Corp. (TSX:RS) (the "Company"), is pleased to announce a successful overnight treasury offering of class A and preferred shares (the "Class A Shares" and "Preferred Shares", respectively). Gross proceeds of the offering are expected to be approximately $9.5 million. The offering is expected to close on or about Tuesday, April 23, 2024 and is subject to certain closing conditions including approval by the Toronto Stock Exchange. The Class A Shares were offered at a price of $11.70 per Class A Share to yield 13.3% and the Preferred Shares were offered at a price of $9.65 per Preferred Share to yield 7.5% to maturity. The Class A Share and Preferred Share offering prices were determined so as to ...