July 3, 2019 – Joint Venture of Revera Inc. and Axium Infrastructure expands with acquisition of Arbour Heights Long Term Care home in Kingston, Ontario

Toronto (July 3, 2019) – Revera Inc. (“Revera”) and Axium Infrastructure (“Axium”) are pleased to announce the close of the partners’ joint venture acquisition of Arbour Heights, a 174-bed, A-class Long Term Care Home in Kingston, Ontario. This is the first external acquisition for the joint venture, which already co-owns 35 of Revera’s long term care homes in Ontario, British Columbia, Alberta and Manitoba.