Belpointe PREP LLC (OZ) Stock

GREENWICH, CT, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our,” or the “Company”), the first publicly traded qualified opportunity fund, today announced that its annual meeting of unitholders (the “Annual Meeting”), originally scheduled for Friday, December 19, 2024, at 12:00 p.m. E.T., has been adjourned. The adjournment was necessary as a quorum, defined as the minimum number of units required to conduct business, was not present either in person or by proxy when the Annual Meeting was called to order.

Belpointe PREP offers diversification in the REIT sector, focusing on opportunity zones, but remains in an early growth phase with significant execution risks. The fund's shares trade at a discount to NAV, but the valuation gap has narrowed, making it less attractive for new investments currently. Belpointe PREP's project pipeline is substantial, yet current earnings and cash flow generation are limited, with significant reliance on future redevelopment success.

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - Valkea Resources Corp. (TSXV: OZ) (formerly Outback Goldfields Corp.) (the "Company" or "Valkea") is pleased to announce that Rupert Resources Corp. ("Rupert") has notified the Company that it has satisfied the Stage 1 requirements of its earn-in agreement (the "Agreement") on the Company's Sikavaara Project (the "Project") and has elected to enter Stage 2, whereby Rupert can earn in up to 70% of the Project. "We are very pleased that Rupert is advancing to Stage 2 of the Agreement," commented Chris Donaldson, CEO of Valkea.

GREENWICH, CONNECTICUT, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”), a publicly traded qualified opportunity fund, is pleased to report that Hurricane Milton inflicted no significant damage to our properties, Aster & Links, in Sarasota, Florida, and Viv, in St. Petersburg, Florida.

Belpointe PREP, LLC is a speculative investment opportunity in the REIT sector that offers a substantial discount to NAV. The company specializes in managing commercial real estate assets in qualified opportunity zones, providing advantageous capital gains tax benefits. While Belpointe's assets are primarily in the construction phase, its focus on specific real estate segments and strong growth potential make it an appealing option for investors with a long-term outlook.