Altius Renewable Royalties Corp. has finalized its previously announced statutory plan of arrangement (the “Arrangement”), through which Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC (“Northampton”), acquired all outstanding common shares of ARR (the “Common Shares”), except for 17,937,339 Common Shares owned directly or indirectly by Altius Minerals Corporation. The acquisition was completed at a cash price of C$12.00 per share (the “Arrangement Consideration”).
Shareholder Instructions for Payment
Registered shareholders will receive their Arrangement Consideration upon submitting the following to TSX Trust Company, the depositary for the Arrangement:
- A duly completed letter of transmittal.
- Common Share certificate(s), if applicable.
- Other required documentation as outlined in the letter of transmittal previously distributed to registered shareholders.
Additional copies of the letter of transmittal can be obtained from the depositary’s office at Suite 301, 100 Adelaide Street West, Toronto, Ontario M5H 4H1 or downloaded from SEDAR+ under the Company’s issuer profile. For assistance, shareholders can contact the depositary at 1-866-600-5869 (toll-free within North America), 416-342-1091 (outside North America), or via email at [email protected]. Non-registered shareholders are advised to consult their intermediaries (e.g., brokers, banks, or other nominees) for guidance on receiving their payment.
Delisting and Regulatory Updates
Following the Arrangement’s completion, ARR’s Common Shares are expected to be delisted from the Toronto Stock Exchange within three business days and removed from quotation on the OTCQX shortly thereafter. The Company also plans to apply to cease being a reporting issuer under Canadian securities laws.
About Altius Renewable Royalties Corp.
ARR is a renewable energy royalty company providing long-term investment capital to developers, operators, and originators of renewable energy projects. The Company’s portfolio includes 35 renewable energy royalties supporting approximately 2.9 GW of operating projects and 5.3 GW of projects under construction or in development across U.S. regional power markets.
Additionally, ARR anticipates future royalties from Great Bay’s investments in Bluestar Energy Capital, Hodson Energy, and Hexagon Energy, expanding its project pipeline to 18.6 GW. Through its industry expertise and innovative, partner-focused solutions, ARR continues to advance the growth of renewable energy, playing a critical role in the global energy transition.
