SAINT-JEAN-BAPTISTE, QUÉBEC--(Marketwire - Dec. 18, 2012) - Fronsac Real Estate Investment Trust ("Fronsac" or the "Trust") (TSX VENTURE:GAZ.UN) is pleased to announce the conclusion today of a private placement of 11,718,750 units (the "Units") at a subscription price of $0,32 per Unit (the "Offering") for gross proceeds of $ 3,750,000. The Units were subscribed by investors pursuant to exemptions under Regulation 45-106 respecting prospectus and registration exemptions.