07:33 AM EDT, 03/13/2024 (MT Newswires) -- Timbercreek Financial ( TBCRF ) overnight Tuesday said that it has re-established an at-the-market equity program.

The program allows the company to issue common shares from treasury having a total gross sales amount of nearly $90 million to the public from time to time.

The company plans to use the net proceeds, if any, of the ATM program for general investment and working capital purposes, including, if and as required, repaying amounts owing under its secured revolving credit facility.