10:09 AM EST - Altius Minerals Corporation : noted that as part of the recently completed Plan of Arrangement between International Royalty Corp. or "IRC" and Royal Gold Inc., Altius would receive $37.5 million in cash and 529,251 Royal Gold exchangeable shares for its 8.92 million IRC's shares. The expected gross proceeds to Altius are about $61.8 million based on yesterday's closing Royal Gold share price of $45.92. Upon receipt of the cash and share consideration as outlined above, Altius said it would recognize a gain of around $27 million, which is a 78% return on its original investment. Altius Minerals Corporation
shares T.ALS are trading up $0.04 at $8.15.
