Alaris Royalty Corp. is pleased to announce that it has invested an additional $60.2 million in an existing partner, PF Growth Partners, LLC . The PF Follow-On consists of a new $43.7 million preferred equity contribution as well as an investment of $16.5 million in exchange for a minority ownership of the common equity in PFGP . This transaction will also include an exchange of Alaris' existing preferred units valued [...]
STATES. Alaris Royalty Corp. is pleased to announce that it will release earnings results for the three and six months ended June 30, 2019 following the closing of regular trading on the Toronto Stock Exchange Wednesday, July 24, 2019. Alaris management will host a conference call at 9 am MT the following day, Thursday, July 25, 2019 to discuss the financial results and outlook for the Corporation. Participants in [...]
Alaris Royalty Corp. is pleased to announce that it has invested a total of $70,000,000 in a new Canadian partner, Amur Financial Group Inc. and a subsidiary thereof. The Amur Investment consists of a $50,000,000 contribution as well as an investment of $20,000,000 in exchange for a minority ownership of the common equity in Amur . The Amur Contribution results in an anticipated first year increase of approximately [...]
STATES. Alaris Royalty Corp. announces that the Board of Directors of the Corporation has declared a dividend of $0.1375 per common share for the month of June 2019, representing $1.65 per share on an annualized basis. The dividend is payable on July 15, 2019 to shareholders of record on June 28, 2019. The ex-dividend date is June 27, 2019. This dividend is designated by the Corporation to be an eligible dividend for [...]
STATES. Alaris Royalty Corp. is pleased to announce that it has closed its previously announced offering of $100,000,000 aggregate principal amount of convertible unsecured subordinated debentures at a price of $1,000 per Debenture and an interest rate of 5.50% per annum, payable semi-annually on the last business day of June and December commencing December 31, 2019 . A syndicate of underwriters co-led by CIBC Capital [...]
Alaris Royalty Corp. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets, National Bank Financial Inc., RBC Capital Markets and Scotiabank , pursuant to which Alaris will issue on a “bought deal basis”, subject to regulatory approval, $100,000,000 aggregate principal amount of convertible unsecured subordinated debentures , at a price of [...]
Alaris Royalty Corp. announces that the Board of Directors of the Corporation has declared a dividend of $0.1375 per common share for the month of May 2019, representing $1.65 per share on an annualized basis. The dividend is payable on June 17, 2019 to shareholders of record on May 31, 2019. The ex-dividend date is May 30, 2019. This dividend is designated by the Corporation to be an eligible dividend for the purpose of [...]
Alaris Royalty is pleased to announce the results of voting on the election of directors at its annual general and special meeting of shareholders held on May 7, 2019. Each of the nominee directors recommended by management and listed in the Corporation’s information circular and proxy statement dated April 2, 2019 was elected as a director for a term ending at the next annual meeting of shareholders. The results of [...]
This chart reflects the volatility in Alaris' share price vs the revenue and normalized EBITDA the company has generated over the last 9 quarters of financial results. Alaris Royalty Corp. is pleased to announce its results for the three months ended March 31, 2019. The results are prepared under International Financial Reporting Standards as issued by the International Accounting Standards Board . Q1 2019 Highlights: The [...]
Alaris Royalty Corp. is providing an update to shareholders regarding the trading activity of its common shares on the Toronto Stock Exchange. Although we do not generally respond to market activity, we feel it is appropriate at this time to comment based on the level of trading activity in AD Shares today. An analyst that covers Alaris distributed a research report this morning highlighting risks Alaris faces with [...]
Alaris Royalty Corp. announces that the Board of Directors of the Corporation has declared a dividend of $0.1375 per common share for the month of April 2019, representing $1.65 per share on an annualized basis. The dividend is payable on May 15, 2019 to shareholders of record on April 30, 2019. The ex-dividend date is April 29, 2019. This dividend is designated by the Corporation to be an eligible dividend for the [...]
Alaris Royalty Corp. is pleased to announce dates for the release of its Q1 2019 financial results as well as the date of the Corporations Annual General and Special Meeting. Earnings Release Date and Conference Call Details Alaris expects to release its financial results for the three months ended March 31, 2019 following the closing of regular trading on the Toronto Stock Exchange Monday, May 6, 2019. Alaris management [...]