04:04 PM EDT, 05/02/2024 (MT Newswires) -- Brompton Lifeco Split Corp. (LCS.TO) said Thursday it established an at-the-market equity program (ATM Program) that allows the fund to issue class A shares and preferred shares to the public from time to time, at the fund's discretion.

Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale.

Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated April 30, 2024 with RBC Capital Markets.

The ATM Program is being offered pursuant to a prospectus supplement dated April 30, 2024 to the fund's short form base shelf prospectus dated April 1, 2024. The maximum gross proceeds for distributions under the ATM Program will be $75 million for each of the Class A Shares and Preferred Shares.