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Diversified Royalty Corp.

11:39 AM EST - Diversified Royalty Corp. : Has closed its previously announced bought deal public offering of an aggregate of 42,595,000 subscription receipts, including 1,854,000 Subscription Receipts pursuant to the partial exercise of the over-allotment option, from the treasury of the Corporation. The Subscription Receipts were offered at a price of $2.70 per Subscription Receipt, for total gross proceeds to DIV of $115,006,500. Diversified Royalty Corp. shares T.DIV are trading down $0.06 at $2.82.