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Altius Renewable Royalties Corp. Announces Closing Of Previously Announced Cdn$35 Million Bought Deal Financing

PRIVATEDec 08, 2022

Amount Raised

C$35 Million

Round Type

Funding Round

Saint John'sEnergyRenewable EnergyBiomass Energy

Investors

CIBC Capital Markets

Description

Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR”, the “Corporation”, or the “Company”) is pleased to announce that today it has closed its previously announced bought deal public offering (the “Offering”) of common shares of the Company (the “Shares”). A total of 3,900,000 Shares were issued at a price of C$9.00 per Share (the “Offering Price”) for aggregate gross proceeds of C$35,100,000.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Altius Renewable Royalties Corporation that raised within 45 days of this round, from Fundz verified event records.

  • Eos Energy Enterprises raised $14M on January 19, 2023.
  • Sabanto raised an undisclosed amount on November 4, 2022.
  • X-energy raised an undisclosed amount (Corporate Round) on January 17, 2023.
  • Aerones raised $30M (Funding Round) on January 16, 2023.
  • Polytech raised $146M on January 12, 2023.
  • Guangdong Jiana Energy Technology Co.,Ltd. raised an undisclosed amount (Funding Round) on January 11, 2023.

Who to call at Altius Renewable Royalties Corporation, and when

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  • An alert the day Altius Renewable Royalties Corporation raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Altius Renewable Royalties Corporation

Location

Saint John's, Newfoundland and Labrador, Canada

About

Altius Renewable Royalties Corporation (“ARR”) (TSX:ARR, OTCQX: ATRWF) is a renewable royalties company based in St. John’s, Newfoundland.

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Altius Renewable Royalties Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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