Alberta, June 25, 2018 -- Alaris Royalty Corp. is providing an update regarding the proposed repurchase of Alaris’ units in Labstat International LP , which was previously disclosed on May 17, 2018. Labstat and its affiliates have closed the sale of their business to a third party earlier today. In connection with the Labstat Sale, the Labstat Repurchase and repayment of debt owed to Alaris by Labstat also closed [...]
Alaris Royalty announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common share for the month of June 2018, representing $1.62 per share on an annualized basis. The dividend is payable on July 16, 2018 to shareholders of record on June 29, 2018. The ex-dividend date is June 28, 2018. This dividend is designated by the Corporation to be an eligible dividend for the purpose of the [...]
Alberta, June 18, 2018 -- Alaris Royalty Corp. is pleased to announce that it has contributed US$15.0 million to Fleet Advantage, LLC , which will entitle Alaris to an annual distribution of US$2.1 million . The Corporation is also pleased to announce it has contributed an additional US$3.0 million to Accscient, LLC in exchange for an additional US$0.4 million of distributions from Accscient. The Fleet Distribution [...]
Alberta, June 04, 2018 -- Alaris Royalty Corp. is pleased to announce a follow-on contribution to C&C Communications LLC of US$10.0 million in exchange for an annualized distribution of US$1.4 million. This is Alaris’ third tranche of financing into ccComm for a total of US$16.2 million with total annualized distributions of US$2.3 million. Proceeds of the ccComm Contribution were used to fund an acquisition of an [...]
Alberta, May 17, 2018 -- Alaris Royalty Corp. is announcing today that Labstat LP and its affiliates have entered into a purchase and sale agreement , with a third party , pursuant to which the Third Party will acquire Labstat . The Labstat Sale will result in a repurchase of all of the units Alaris holds in Labstat and Alaris receiving gross proceeds of $69.63 million . However, the Labstat Sale is subject to customary [...]
Alaris Royalty announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common share for the month of May 2018, representing $1.62 per share on an annualized basis. The dividend is payable on June 15, 2018 to shareholders of record on May 31, 2018. The ex-dividend date is May 30, 2018. This dividend is designated by the Corporation to be an eligible dividend for the purpose of the [...]
CALGARY, Alberta, May 08, 2018 -- Alaris Royalty Corp. is announcing changes to its Board of Directors as well as the results of voting on the election of directors at this year’s annual general meeting of shareholders held earlier today, May 8, 2018. Director Changes Mr. John Budreski, a director of Alaris since the company went public in 2008, did not stand for re-election in 2018. Mr. Budreski was replaced on [...]
Alberta, May 07, 2018 -- Alaris Royalty Corp. is pleased to announce its results for the three months ended March 31, 2018. The results are prepared under International Financial Reporting Standards as issued by the International Accounting Standards Board . Q1 2018 Highlights: Recorded revenue from Partners of $23.6 million, $0.65 per share, an increase of 14% on a per share basis over the prior year period due to [...]
Alaris Royalty announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common share for the month of April 2018, representing $1.62 per share on an annualized basis. The dividend is payable on May 15, 2018 to shareholders of record on April 30, 2018. The ex-dividend date is April 27, 2018. This dividend is designated by the Corporation to be an eligible dividend for the purpose of [...]
Alberta, April 10, 2018 -- Alaris Royalty Corp. is pleased to announce dates for the release of its Q1 2018 financial results as well as the date of the Corporation's Annual General Meeting. Earnings Release Date and Conference Call Details Alaris expects to release its financial results for the three months ended March 31, 2018 following the closing of regular trading on the Toronto Stock Exchange Monday, May 7, 2018 [...]
Alberta, April 03, 2018 -- Alaris Royalty Corp. is pleased to announce that Kimco Holdings, LLC has closed the previously disclosed debt refinancing with a new senior lender to replace existing senior debt and subordinated debt. The Kimco Refinancing closed on March 30th, 2018 and, as a result, Kimco will commence monthly distributions to Alaris of USD$100,000 on April 15th, 2018. In addition to the fixed monthly [...]
Alaris Royalty announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common share for the month of March 2018, representing $1.62 per share on an annualized basis. The dividend is payable on April 16, 2018 to shareholders of record on March 29, 2018. The ex-dividend date is March 28, 2018. This dividend is designated by the Corporation to be an eligible dividend for the purpose of [...]