Altius to Acquire TNR Gold in $122.0M Share-and-SpinCo Deal
Altius will acquire TNR Gold for 0.0072 Altius shares and 0.25 SpinCo shares per eligible TNR share. The transaction is estimated at $122.0M and implies an approximately 60% premium to TNR’s November 10 closing price; closing is expected in Q1 2027, subject to approvals.
Altius will acquire TNR Gold for 0.0072 Altius shares and 0.25 SpinCo shares per eligible TNR share; the transaction is estimated at $122.0M and implies an approximately 60% premium to TNR's November 10 closing price. Closing is expected in Q1 2027, subject to approvals.Material DetailsContext by A…