Altius Renewable Royalties Completes Northampton Arrangement
Editorial StaffThe Facts -
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- Altius Renewable completed a plan with Northampton for C$12/share.
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- ARR's shares will be delisted from TSX and OTCQX soon.
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- ARR focuses on renewable energy royalties with 2.9 GW in operation.
Altius Renewable Royalties Finalizes Deal with Northampton
Altius Renewable Royalties Corp. announced the completion of its plan of arrangement with Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC. Northampton acquired all outstanding common shares of ARR, except 17,937,339 shares owned by Altius Minerals Corporation, for C$12.00 each.
Registered shareholders will receive their payment after submitting the letter of transmittal and relevant documents to TSX Trust Company. Copies of the letter are available at Suite 301, 100 Adelaide Street West, Toronto, and on SEDAR+. For payment inquiries, contact TSX Trust Company at 1-866-600-5869 or tsxtis@tmx.com. Non-registered shareholders should consult their intermediaries.
The shares will be delisted from the Toronto Stock Exchange within three days and removed from OTCQX soon after. ARR plans to apply to cease being a reporting issuer in Canada.
About ARR
ARR is a renewable energy royalty company offering investment capital to developers. With 35 royalties covering 2.9 GW of operating projects and 5.3 GW in development, ARR expands the renewable sector. Future royalties from Great Bay's investments increase the pipeline to 18.6 GW.
About Northampton
Northampton is a firm focusing on infrastructure investments, founded by industry experts like Geoffrey Strong and John MacWilliams. Headquartered in NYC and Miami, the firm targets energy and digital sectors.
Forward Looking Information
This announcement contains forward-looking statements about the Company's delisting and reporting status. Although expectations are based on reasonable assumptions, actual results may vary. Shareholders should remain informed of potential risks and developments.
For more details, view the source article on Business Wire.
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