ALTIUS RENEWABLE ROYALTIS - ATRWF STOCK NEWS

Altius Renewable Royalties (TSX: ARR, OTCQX: ATRWF) announced a definitive arrangement agreement with Royal Aggregator LP, an affiliate of Northampton Capital Partners, to acquire all outstanding shares not owned by Altius Minerals for CAD$12.00 per share, totaling approximately C$162 million. The transaction received Competition Act approval on October 2, 2024, and an interim court order on October 17. Subject to shareholder approval at the Special Meeting on November 19 and final court order on November 22, the deal is expected to close by November end. Post-transaction, the Purchaser will hold 43% and Altius Minerals will retain 57% of ARR shares, with ARR delisting from TSX.

Altius Renewable Royalties (ARR) has filed meeting materials for a special shareholder meeting on November 19, 2024, regarding a proposed arrangement under the Business Corporations Act (Alberta). The board of directors has unanimously recommended minority shareholders vote FOR the arrangement resolution, which requires 66 2/3% approval from ARR shareholders and a simple majority from minority shareholders, excluding Altius Minerals votes. Supporting Shareholders, holding approximately 81% of ARR Shares (53% excluding Altius Minerals), have agreed to vote in favor. The transaction is expected to close around end of November 2024, subject to shareholder approval and court order.

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.

Altius Renewable Royalties Corp. (TSX:ARR) (OTCQX:ATRWF) has issued supplementary information regarding its previously announced transaction with Northampton. The original arrangement agreement was disclosed on September 12, 2024. This update aims to provide additional details or clarifications about the deal, although the specific nature of the supplementary information is not explicitly stated in the press release.

Investors and interested parties are directed to view the full multimedia release on the Business Wire website for comprehensive information. For further inquiries, the company has provided contact details for Flora Wood and Ben Lewis, who can be reached via email or telephone.

Altius Renewable Royalties Corp. (ARR) has entered into a definitive arrangement agreement with Royal Aggregator LP, an affiliate of Northampton Capital Partners, The transaction involves the acquisition of all issued and outstanding ARR shares, except those owned by Altius Minerals , for C$12.00 per share in cash. This represents a 28% premium to the closing price on September 4, 2024. The deal offers certainty of value and liquidity for ARR's minority shareholders.

Key benefits include a premium to the unaffected market price, compelling value relative to alternatives, and strong support from significant shareholders. The transaction requires approval from 66 2/3% of ARR shareholders and a simple majority of minority shareholders. The deal is expected to close in Q4 2024, subject to approvals. Following completion, ARR will be delisted from the TSX.

Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) has issued a statement in response to unusual price action and trading volumes in its common shares over the past week. The company disclosed that it has been in discussions with a third party regarding the potential acquisition of minority shareholders' positions, excluding Altius Minerals' stake, at a targeted price of C$12.00 per share.

ARR emphasized that no agreement has been reached at this time, and there is no guarantee that any agreement will be concluded. The company also noted that it regularly evaluates various strategic opportunities as part of its normal business operations.

Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) reported its Q2 2024 financial results. Highlights include:

- GBR joint venture recorded $3.1 million in revenue, up from $2.0 million in Q2 2023
- Proportionate revenue of $2.4 million, compared to $1.6 million in Q2 2023
- Adjusted EBITDA of $1.3 million, up from $0.7 million in Q2 2023
- Net loss of $0.6 million, compared to $0.1 million in Q2 2023
- Apex's 195 MW Angelo Solar project achieved commercial operations
- GBR entered into a $30 million royalty investment with Nokomis Energy
- GBR provided a $40 million secured term loan facility to Nova

The company held $65.9 million in cash as of June 30, 2024, with $21.1 million in expected commitments for 2024.

Altius Renewable Royalties (ARR) has announced that its subsidiary, Great Bay Renewables, has entered into a US$40 million secured term loan facility with Nova Clean Energy. This follow-on transaction will provide Great Bay with up to 500 MW of additional royalties on Nova's project pipeline, depending on the amount drawn as projects are commercialized.

This is in addition to the royalties on 1.5 GW of renewable energy projects Great Bay received from its initial investment in Nova and Bluestar Energy Capital in May 2022. Nova has since built an impressive pipeline of 25 wind, solar, and battery storage projects totaling approximately 6.5 GW. The loan has a three-year term and can be drawn immediately, with proceeds used for ongoing development activities and interconnection-related deposits.

Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) anticipates Q2 2024 proportionate royalty revenue of $1.5 million, including $0.5 million in investment income. This marks a 50% increase from Q2 2023's $1.0 million. Great Bay Renewables, 50% owned by ARR, continued to generate revenue from 11 operating royalties. The company will release its Q2 2024 financial results on August 5, 2024, followed by a conference call and webcast on August 6, 2024, at 9:00 am ET. ARR uses non-GAAP financial measures, including proportionate royalty revenue, to monitor financial performance and provide additional insights for investors and analysts.