Altius Minerals Corporation Acquires Lithium Royalty Corp.
January 27, 2026
Altius Minerals Corporation entered into a definitive plan-of-arrangement agreement to acquire all outstanding shares of Lithium Royalty Corp. for total consideration of approximately C$520 million (C$9.50 per LRC share), payable at shareholders’ election as cash, Altius shares, or a mix subject to proration. The transaction is court- and shareholder-approval subject and is currently expected to close around March 2026.
- Buyers
- Altius Minerals Corporation
- Targets
- Lithium Royalty Corp.
- Industry
- Energy
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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