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Stocks in play: Altius Minerals Corporation

Baystreet - Fri Jul 10, 8:57AM CDT

Announced the signing of a share purchase agreement with Northampton Capital Partners and certain funds managed by affiliates of Apollo. Under the agreement, the Apollo Funds will sell their membership interests in Great Bay Renewables Holdings, LLC and Great Bay Renewables Holdings II, LLC to Northampton for total consideration of approximately US$390 million. Northampton will simultaneously sell its interest in Altius Renewable Royalties Corp., through which it currently holds its indirect interest in GBR, to Altius. Altius Minerals Corporation shares T.ALS are trading up $0.27 at $62.50.