11:36 AM EST - Altius Minerals Corporation : and Callinan Royalties Corporation have entered into a definitive arrangement agreement whereby Altius will acquire all outstanding securities of Callinan pursuant to a plan of arrangement. This transaction results in the creation of a diversified mining royalty company leader. Pursuant to the Arrangement, Altius will acquire each outstanding Callinan common share for 0.163 of an Altius common share and $0.203 in cash, valuing each Callinan common share at $2.27 based on Altius' closing share price on the Toronto Stock Exchange as of March 4. Altius Minerals Corporation
shares T.ALS are trading down $0.77 at $11.90.
