Altius Minerals Corporation Increases Ownership Interest to 50% in Great Bay Renewables in Partnership with Northampton Capital Partners

Apollo Funds are selling their 50% direct interest in Great Bay Renewables (GBR) to Northampton Capital Partners for total consideration of approximately US$390 million. Following the transaction, Altius Minerals will increase its effective interest in GBR from 29% to 50%, becoming an equal partner with Northampton.

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