Altius Minerals (TSE:ALS) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Altius Minerals Corporation has announced that its subsidiary, Altius Renewable Royalties, will be partially acquired by Northampton Capital Partners for C$162 million, with the transaction set to finalize in Q4 2024. This strategic move will result in ARR being delisted from the TSX and operating under a joint ownership structure. The deal aligns with Altius’s focus on sustainability and growth in renewable energy and various commodities.
For further insights into TSE:ALS stock, check out TipRanks’ Stock Analysis page.