Business
Lithium Royalty Corp. Shareholders Approve Arrangement with Altius Minerals Corporation
Lithium Royalty Corp. (the "Company" or "LRC") (TSX: LIRC) is pleased to announce that at a special meeting of shareholders held earlier today (the "Meeting"), shareholders of the Company ("Shareholders") voted overwhelmingly in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), whereby Altius Minerals Corporation ("Altius") will acquire all of the outstanding commo
About this update from Altius Minerals Corporation
[{"type":"text","content":"TORONTO, Feb. 26, 2026 /CNW/ - Lithium Royalty Corp. (the "Company" or "LRC") (TSX: LIRC) is pleased to announce that at a special meeting of shareholders held earlier today (the "Meeting"), shareholders of the Company ("Shareholders") voted overwhelmingly in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), whereby Altius Minerals Corporation ("Altius") will acquire all of the outstanding common shares and convertible common shares of LRC, for a choice of consideration per share of either, (i) 0.240 common shares of Altius, (ii) C$9.50 in cash or (iii) if no choice is made, 0.160 common shares of Altius and C$3.166666 in cash, in each case subject to pro-ration.","length":894,"tagName":"p"},{"type":"text","content":"In order to be passed, the Arrangement Resolution required approval of (i) at least two-thirds of the votes cast by Shareholders present in-person or by proxy at the Meeting, and (ii) a majority of the votes cast by holders of common shares present in-person or by proxy at the Meeting, excluding votes from certain Shareholders as required under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (the "Minority Approval"). Detailed voting results for the Arrangement Resolution, with over 96% of shares having been voted, are as follows:","length":605,"tagName":"p","attribs":{}},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.83em;PADDING-LEFT:0.17em;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:TOP;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Votes For","length":9,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:TOP;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:TOP;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Votes Against","...