STOCK TITAN

ARTWF - ARTWF STOCK NEWS

Welcome to our dedicated page for ARTWF news (Ticker: ARTWF), a resource for investors and traders seeking the latest updates and insights on ARTWF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ARTWF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ARTWF's position in the market.

Rhea-AI Summary

Northampton Capital Partners has completed the acquisition of Altius Renewable Royalties Corp. (TSX:ARR, OTCQX:ARTWF) common shares for C$12.00 per share, excluding shares indirectly owned by Altius Minerals The transaction was executed through a statutory plan of arrangement under Alberta's Business Corporations Act, following final approval from the Court of King's Bench of Alberta on November 29, 2024.

The deal marks the beginning of what Northampton CEO Geoffrey Strong describes as a potential long-term partnership, expressing confidence in ARR and the Great Bay Renewables team's achievements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Altius Renewable Royalties Corp. (ARR) has completed its previously announced plan of arrangement with Royal Aggregator LP, an affiliate of Northampton Capital Partners Under the arrangement, Northampton acquired all outstanding common shares of ARR at C$12.00 per share in cash, except for approximately 57% (17,937,339 shares) owned by Altius Minerals

Following the arrangement's completion, ARR's common shares are expected to be delisted from the Toronto Stock Exchange within three business days and will no longer be quoted on the OTCQX. The company plans to apply to cease being a reporting issuer under Canadian securities laws.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Altius Renewable Royalties Corp. (ARR) has received final court approval from the Court of King's Bench of Alberta for its previously announced acquisition plan. Under the arrangement, Royal Aggregator LP, affiliated with Northampton Capital Partners, will acquire all outstanding common shares of ARR at C$12.00 per share in cash, except for the 17,937,339 shares (approximately 58.092%) owned by Altius Minerals Following the completion of this arrangement, ARR will become private, and its shares will be delisted from the Toronto Stock Exchange and OTCQX.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ARTWF) announced that a court hearing took place on November 22, 2024, regarding the final approval of a previously announced arrangement. Under this arrangement, Royal Aggregator LP, affiliated with Northampton Capital Partners , will acquire all outstanding common shares of ARR at C$12.00 per share in cash, except for approximately 58.092% owned by Altius Minerals The Court of King's Bench of Alberta has reserved its decision, which will be delivered on November 29, 2024. The arrangement's completion remains subject to final court order and other customary closing conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Northampton Capital Partners has entered into an arrangement agreement to acquire the public float of Altius Renewable Royalties Corp. (ARR) for C$12.00 per share. The transaction will be implemented through a court-approved plan of arrangement, requiring approval from 66 2/3% of ARR shareholders and a simple majority of minority shareholders. Upon completion, Northampton will hold 43% of ARR shares, while Altius Minerals will retain 57%. Supporting shareholders, holding approximately 81% of ARR shares, have agreed to vote in favor of the deal. The transaction is expected to close in Q4 2024, subject to customary approvals and conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
ARTWF

OTC:ARTWF

ARTWF Rankings

ARTWF Stock Data