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Newfoundland's Altius Minerals launches $100-million renewable power IPO to help pivot from coal

Newfoundland's Altius Minerals launches $100-million renewable power IPO to help pivot from coal
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Altius Announces Filing of Preliminary Prospectus for Altius Renewable Royalties Corp.


Provided by
Business Wire
Altius Announces Filing of Preliminary Prospectus for Altius Renewable Royalties Corp.
Not for Distribution to U.S. News Wire Services or Dissemination in the United States.
Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) is pleased to announce that its subsidiary Altius Renewable Royalties Corp. (“ARR”) has filed and obtained a receipt for a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for an initial public offering of Common Shares (the IPO ), led by TD Securities Inc. and Scotia Capital Inc., together with a syndicate comprised of Raymond James Ltd., Cormark Securities Inc., Canaccord Genuity Corp., Laurentian Bank Securities Inc., National Bank Financial and Haywood Securities Inc. (collectively, the Underwriters ). The proceeds from the IPO will be used by ARR to fund additional renewa ....

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