Altius Minerals to Acquire Lithium Royalty Corp for $520 Million

Reuters
2026.01.27 15:39
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Altius Minerals Corporation has agreed to acquire Lithium Royalty Corp. for approximately $520 million, equating to $9.50 per share. LRC shareholders can choose between cash or Altius shares, with a default option for those who do not elect. A shareholder meeting is set for February 26, 2026, with the transaction expected to close in early March 2026. This summary is based on AI-generated content and should not be considered financial advice.