Bay & Scollard Development Trust




portfolio manager
Michael Lee-Chin, B.Eng., LLD (Honorary)
Executive Chairman, Chief Executive Officer and Portfolio Manager

Mr. Lee-Chin has over 35 years industry experience.

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portfolio manager
Robert Almeida, B.Comm., CA
Senior Vice President and Portfolio Manager

Over 30 years of experience, both as an Investor and as a Business Executive.

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DISCLAIMER

Neither Portland Holdings nor Lanterra Developments Ltd. is a financial services advisor or provide any professional investment opinions. This is an independent investment opportunity that you choose to participate in as a co-investor after you have completed your own independent investigation of the presented opportunity. Portland Holdings and Lanterra Developments Ltd. offer no warranty as to the advisability of the investment and that they have no liability relating to the results of it. The investor acknowledges and accepts that the investment has risk which may result in loss including the return of the investment. The information provided under the heading “Targeted Expected Returns” is based upon information that has been prepared by Lanterra and all variables are subject to change.

This document is confidential and for the use of investors, potential investors and investment dealers only. The contents are not to be communicated, reproduced or distributed to the public or the press.

Bay & Scollard Development Trust won the 2019 Private Capital Market Association (PCMA) Real Estate Development Award of the year. The Private Capital Markets Awards are the only national industry awards for private capital markets professionals, which recognize business leaders who help build a vibrant and successful private capital markets in Canada. Nominees are evaluated based on their leadership in the industry, their contribution to the deal, innovative market, product or investment opportunities created, the benefits of the deal for the issuer and for investors, and the overall impact of the deal on the quality and integrity of the private capital markets.

The Fund is closed to new investments. The Fund was not publicly offered. It was only available under prospectus exemptions and other exemptions available to investors who met certain eligibility or minimum or maximum purchase requirements. These exemptions included, but were not limited to, the accredited investor exemption and the $150,000 minimum purchase exemption for institutional investors. Information herein is pertaining to the Fund solely for the purpose of providing information and is not to be construed as a public offering in any jurisdiction of Canada.

Commissions, management fees and expenses may be associated with investments. Portland Investment Counsel Inc. has not independently verified all the information and opinions given in this material. Accordingly, no representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information and opinions contained in this material. Information presented in this material should be considered for background information only and should not be construed as investment or financial advice. Please consult a Financial Advisor. Information provided is believed to be reliable when published. All information is subject to modification from time to time without notice. Consent is required for any reproduction, in whole or in part, of this piece and/or of its images and concepts. PORTLAND, PORTLAND INVESTMENT COUNSEL and the Clock Tower design are registered trademarks of Portland Holdings Inc. Used under licence by Portland Investment Counsel Inc.