Alaris Royalty Corp.

10:53 AM EST - Alaris Royalty Corp. : Is providing an update regarding the previously announced arbitration award to S.M. Group International LP. Further to the Corporation’s previous announcement of a final award to SM following an arbitration process that SM was involved with, SM has received confirmation that it will be receiving cash proceeds from the judgment in the near future. The net proceeds after repayment of bonding obligations and expenses has yet to be determined. Alaris Royalty Corp. shares (T.AD) are trading down $0.57 at $20.38.