Agcapita Farmland Fund Signs Purchase Agreement for 2,480 acres in Miry Creek Saskatchewan

Agcapita Farmland Fund is pleased to announce it has signed a purchase agreement for 2,480 acres in the RM of Miry Creek Saskatchewan as part of its fall 2011 acquisition program.
By: Agcapita
 
Jan. 16, 2012 - PRLog -- Agcapita Farmland Fund is pleased to announce it has signed a purchase agreement for 2,480 acres in the RM of Miry Creek Saskatchewan as part of its fall 2011 acquisition program.

Agcapita Farmland Fund III is currently raising $20 million via a RRSP eligible offering with a minimum investment of $5,000.  Agcapita Farmland Fund III is open to investors in BC, Alberta, Saskatchewan, Manitoba and Ontario.  Investors outside of Ontario do not have to be accredited.  Agcapita Farmland Fund is part of a family of funds with over $100 million in assets under management and is the only RRSP eligible farmland fund in Canada.

This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate", "expect", "may", "should", "estimate", "project", "outlook", "forecast" or other similar words are used to identify such forward looking information. Those forward-looking statements herein made by Agcapita, if any, reflect Agcapita's beliefs and assumptions based on information available at the time the statements were made (including, without limitation, that (i) the demand for agricultural commodities will continue to grow at a pace that is unlikely to be matched by growth in agricultural productivity, and (ii) investment demand for tangible assets such as agricultural commodities and farmland will continue to increase for the foreseeable future).  Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things:  risks associated with the ownership and operation of farmland, including fluctuations in interest rates, rental rates and vacancy rates; general economic conditions; local real estate markets; supply and demand for farmland; competition for available farmland; weather; crop diseases; the price of grain and other agricultural commodities; changes in legislation and the regulatory environment; and international trade and global political conditions. Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release (if any), which is given as of the date it is expressed herein. Agcapita's undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise.

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Agcapita is Canada's only RRSP eligible farmland fund. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term.
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Source:Agcapita
Email:***@agcapita.com Email Verified
Zip:T3K 5P3
Tags:Agcapita, Farmland Investment, Canada, Fund, Fund 3, Fund III, Rrsp, Inflation
Industry:Financial
Location:Calgary - Alberta - Canada
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