“Altius Renewable Royalties Corp. Secures Court Approval for Northampton Merger” 

Business Wire 5 min read NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESST. JOHN’S, Newfoundland and Labrador, December 02, 2024–(BUSINESS WIRE)–Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ARTWF) (“ARR” or the “Company”) announced today that the Court of King’s Bench of Alberta has approved the application for the final order which approves the previously announced statutory plan of arrangement pursuant to which Royal Aggregator LP (the “Purchaser”), an affiliate of Northampton Capital Partners, LLC (“Northampton”), will, among other things, acquire all of the issued and outstanding common shares of ARR (each a “Common Share”) other than the 17,937,339 Common Shares (representing approximately 58.092% of the outstanding Common Shares) owned directly or indirectly by Altius Minerals Corporation (“Altius Minerals”), for a price of C$12.00 in cash per Common Share (the “Arrangement”), on and subject to the terms of the Arrangement Agreement between the Company and the Purchaser dated September 11, 2024 (the “Arrangement Agreement”). As all of the conditions precedent have been satisfied or waived, the parties will proceed towards closing the Arrangement, following which ARR will no longer be publicly held and the Common Shares will be delisted from the Toronto Stock Exchange and no longer quoted on the OTCQX shortly thereafter.About ARRARR is a renewable energy royalty company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators. ARR has 35 renewable energy royalties representing approximately 2.9 GW of renewable power on operating projects and an additional approximate 5.3 GW on projects in construction and development phase, across several regional power pools in the U.S. ARR also expects future royalties from Great Bay’s investments in Bluestar Energy Capital, Hodson Energy and Hexagon Energy, which increase the total project pipeline to approximately 18.6 GW. ARR combines industry expertise with innovative, partner-focused solutions to further the growth of the renewable energy sector as it fulfills its critical role in enabling the global energy transition.About NorthamptonNorthampton is an alternative asset management firm focused on infrastructure investments in the middle market, targeting the energy, digital, and other critical infrastructure sectors. Northampton was founded by Geoffrey Strong, John MacWilliams, Scott McBride, Don McCarthy, and other team members, with offices in New York City and Miami.Forward Looking InformationThis news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. This information includes, but is not limited to, statements concerning our objectives, our strategies to achieve those objectives, as well as statements made with respect to management’