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Altius Minerals to Acquire Lithium Royalty for $520 Million

12/23/2025

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Summary

Story summary

Altius Minerals Corp. will acquire Lithium Royalty Corp. in a stock-and-cash deal valued at approximately $520 million.
Shareholders may elect between $9.50 in cash or 0.24 Altius shares per Lithium Royalty share, with cash limited to one-third.
The transaction would add 37 new royalties to Altius’s portfolio.
The deal is subject to shareholder, regulatory, and court approvals.
Closing is anticipated in the first quarter of 2026.

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Story summary

Altius Minerals Corp. will acquire Lithium Royalty Corp. in a stock-and-cash deal valued at approximately $520 million.
Shareholders may elect between $9.50 in cash or 0.24 Altius shares per Lithium Royalty share, with cash limited to one-third.
The transaction would add 37 new royalties to Altius’s portfolio.
The deal is subject to shareholder, regulatory, and court approvals.
Closing is anticipated in the first quarter of 2026.