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Lithium Royalty Corp. Shareholders Approve Arrangement with Altius Minerals Corporation

Newswire.ca - Thu Feb 26, 5:48PM CST

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.

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