Altius Renewable Royalties Corp. Obtains Final Court Order Approving Plan of Arrangement with Northampton

ST. JOHN’S, Newfoundland and Labrador -- Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ARTWF) (“ARR” or the “Company”) announced today that the Court of King’s Bench of Alberta has approved the application for the final order which approves the previously announced statutory plan of arrangement pursuant to which Royal Aggregator LP (the “Purchaser”), an affiliate of Northampton Capital Partners, LLC (“Northampton”), will, among other things, acquire all of the issued and outstanding common shares of ARR (each a “Common Share”) other than the 17,937,339 Common Shares (representing approximately 58.092% of the outstanding Common Shares) owned directly or indirectly by Altius Minerals Corporation (“Altius Minerals”), for a price of C$12.00 in cash per Common Share (the “Arrangement”), on and subject to the terms of the Arrangement Agreement between the Company and the Purchaser dated September 11, 2024 (the “Arrangement Agreement”). As all of the conditions precedent have been satisfied or waived, the parties will proceed towards closing the Arrangement, following which ARR will no longer be publicly held and the Common Shares will be delisted from the Toronto Stock Exchange and no longer quoted on the OTCQX shortly thereafter. Read More