Brief: Altius Renewable Royalties Reports Apex To Buy Out Remainder Of Royalty Financing Following Exercise Of Change Of Control Option
31/12/2021 13:11
Dec 31 (Reuters) - Altius Renewable Royalties Corp ARR.TO :
* ALTIUS RENEWABLE ROYALTIES REPORTS APEX TO BUY OUT
REMAINDER OF
ROYALTY FINANCING FOLLOWING EXERCISE OF CHANGE OF CONTROL OPTION
* ALTIUS RENEWABLE ROYALTIES- UNDER BUYOUT OPTION TERMS
PROVISIONAL PURCHASE CONSIDERATION IS ABOUT US$70 MILLION
* ALTIUS RENEWABLE ROYALTIES CORP- APEX HAS EXERCISED TO
REDEEM
REMAINING RESIDUAL ROYALTY FINANCING PROVIDED BY ITS JV
SUBSIDIARY GREAT BAY
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