Altius Renewable Royalties Corp.
$100,100,000.00
9,100,000.00 Common Shares at $11.00
Initial Public Offering - Closed - Wednesday, March 3, 2021
Company Description
Altius Renewable Royalties Corp.y is a renewable energy royalty company whose business is to invest in renewable power developers, originators and projects.
Address: |
38 Duffy Place, 2nd Floor St. Johns,, Newfoundland/Labrador, A1B 4M5 |
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Phone Number: | 416 346-9020 |
Fax Number: | |
Website: |
Industry: | Equipment & Services |
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Closing Date: | Wednesday, March 3, 2021 |
1st Day of Trading: | Wednesday, March 3, 2021 |
Primary Symbol: | ARR |
Exchange: | Toronto |
Proceeds
The net proceeds of the offering will be used to fund additional renewable energy focused investments to continue to support the growth of its renewable energy royalty business and for general corporate purposes.
Gross Proceeds: | $100,100,000.00 |
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Underwrting Fees: | $6,006,000.00 |
Expense Offering: | $1,500,000.00 |
Net Proceeds: | $92,594,000.00 |
Lead Underwriter: | TD Securities Inc. |
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Other Underwriter(s): |
Scotia Capital Inc. National Bank Financial Inc. Raymond James Ltd. Haywood Securities Inc. Laurentian Bank Securities Inc. Canaccord Genuity Corp. Cormark Securities Inc. |
Performance
1 day | 1 week | 1 month | 6 months | Inception | |
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Recent Performance | 2.08 % | 4.36 % | 15.47 % | 11.07 % | -15.18 % |
Post IPO Performance | -3.18 % | -3.18 % | -17.36 % |
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