Collins Barrow acts as financial advisor in SCR Mines Technology deal with Alaris Royalty

About this update from Alaris Equity Partners Income Trust Trust Units Reg S 3c7

[{"type":"text","content":"\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE\n UNITED STATES/\n\n\nTORONTO/SUDBURY, ON, May 24, 2013 /CNW/ - Collins Barrow is pleased to\n announce that Alaris Royalty Corp. (\"Alaris\" or the \"Corporation\")\n (TSX: AD) has entered into a new partnership agreement (the\n \"Partnership Agreement\") with SCR Mines Technology Inc. (\"SCR\")\n effective May 23, 2013, forming SCR Mining and Tunneling L.P. (the\n \"Partnership\").  Pursuant to the Partnership Agreement, Alaris has\n contributed $40,000,000 to SCR. Collins Barrow acted as exclusive\n financial advisor to SCR.\n\n\n\"The Partnership will provide a significant opportunity for SCR to work\n with the team at Alaris to expand its footprint across the many\n development projects in Canada that are seeking a strong and\n experienced contracting company to deliver on-time and on-budget,\" say\n Rick and Claude Seguin, co-owners of SCR. \"SCR is looking forward to\n working with Alaris and developing a strong and beneficial\n relationship, not just with the Alaris team but also with Alaris' other\n partner companies.\"\n\n\n\"The fit between Alaris and SCR is extraordinarily strong and\n strategic,\" says Tracey Strauss, Partner, Collins Barrow Toronto. \"Rick\n and Claude Seguin, the founders of SCR are two of the most dedicated\n and innovative entrepreneurs that we have had the privilege of working\n with and I commend them and their team for the incredible business they\n have built. We are excited to see this partnership continue to expand\n nationally.\"\n\n\nAbout Collins Barrow\nRecognized as Canada's mid-market leader for audit, tax and advisory\n solutions, our association of 22 independent member firms comprises the\n eighth largest public accounting group nationally by revenue. Through\n our strong network infrastructure, shared expertise, resources and\n offices from coast to coast, we provide clients ranging in size from\n large, publicly traded companies to owner-managed and emerging\n businesses with a full complement of professional services across every\n major industry sector.\n\n\nwww.collinsbarrow.com.\n\n\nAbout SCR Mines Technology Inc.\nSCR has operated in the Northern Ontario region for over 20 years and\n offers a comprehensive suite of services, on a contract basis, to\n customers ranging from large multi-nati...

More updates from Alaris Equity Partners Income Trust Trust Units Reg S 3c7