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Industrial Minerals indmin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indmin.com Daily Mail and Mail on Sunday newspapers.
Industrial Minerals indmin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indmin.com Daily Mail and Mail on Sunday newspapers.
Posted on 401 Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) is pleased to provide the following update: Lithium Royalty Corporation (“LRC”) LRC, of which Altius is a 12.6% founding level investor, has agreed to a US$40 million investment by New York based private equity firm Riverstone Holdings, part of a larger US$70.7 million offering by LRC. Pursuant to this investment Altius has exercised its pro-rata equity participation right (through investments in affiliated limited partnership LRC LP I) by committing an additional US$7.6 million. Altius also continues to maintain a direct 10% co-participation right with respect to future LRC royalty level investments and a board nomination right. ....
Lithium Royalty Corp Announces Additional Capital Raise and Strategic Investors newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.
Waratah Capital Advisors: Lithium Royalty Corp Announces Additional Capital Raise and Strategic Investors TORONTO, ON / ACCESSWIRE / January 12, 2021 / Lithium Royalty Corp LRC is pleased to announce that it has closed on US $70,669,843 of additional capital. As part of this raise, the Company is excited to welcome Riverstone Holdings LLC as a strategic investor in the Company. Riverstone Holdings LLC is a New York-based leading private markets asset management firm dedicated to real assets investing primarily in energy, power and infrastructure. Altius Minerals Corporation (TSX:ALS), a founding strategic investor in LRC, has made an additional investment in the Company. Altius Minerals Corporation is a St. John s-based diversified materials royalty investor, renewable power royalty investor and project generator. ....