PREMIUM INCOME CORPORATION ANNOUNCES CLOSING OF OVERNIGHT OFFERING OF PREFERRED SHARES

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TORONTO, Nov. 6, 2024 /CNW/ - (TSX: PIC.PR.A) – Premium Income Corporation (the "Fund") is pleased to announce that it has completed the previously announced treasury offering of 4,350,000 preferred shares (the "Preferred Shares") for gross proceeds of approximately $65,250,000.  The Preferred Shares will trade on the Toronto Stock Exchange under the existing symbol PIC.PR.A.