TSE SYMBOL: BEI NYSE SYMBOL: BEI January 13, 2004
Boardwalk Files Information Circular On Proposed Transaction
Calgary, Alberta –
January 13, 2004 -
Boardwalk Equities Inc.
(BEI- TSE; NYSE)
Further to the press release issued on January 9, 2004,
Boardwalk Equities Inc. has now executed the Acquisition
and Arrangement Agreement in connection with the
previously announced proposal to reorganize BEI into a
real estate investment trust to be called Boardwalk REIT.
View Boardwalk's 2004 Information Circular (1.9 Mb pdf file)
An information circular has been prepared in connection
with the proposed transaction and filed with the
United States Securities and Exchange Commission via
EDGAR.
View 2004 Information Circular via EDGAR
A copy of the information circular has also been made
available on SEDAR although readers are cautioned that
information contained therein may change
as a result of SEC review.
View 2004 Information Circular via SEDAR
Corporate Profile
Boardwalk Equities Inc. is Canada’s largest
owner/operator of multi-family rental communities.
Boardwalk currently owns and operates in excess of
250 properties with over 31,200 units totaling
approximately 26 million net rentable square feet.
The Company’s portfolio is concentrated in the
provinces of Alberta, Saskatchewan, Ontario and Quebec.
Boardwalk is headquartered in Calgary and its shares
are listed on both the Toronto Stock Exchange
and the New York Stock Exchange and trade
under the symbol BEI. The Company has a total market
capitalization of approximately $2.3 billion.
For further information please contact:
Boardwalk Equities Inc.
Sam Kolias,
President and CEO,
(403) 531-9255;
Roberto Geremia,
Senior Vice President, Finance and Chief Financial Officer,
(403) 531-9255;
Mike Hough,
Senior Vice President,
(416) 364-0849;
Paul Moon,
Director of Corporate Communications,
(403) 531-9255.
