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BRIEF-Altius and Fairfax close strategic investment transaction
April 26, 2017 / 11:06 PM / 5 months ago

BRIEF-Altius and Fairfax close strategic investment transaction

April 26 (Reuters) - Altius Minerals Corp

* Altius and Fairfax close strategic investment transaction

* Altius Minerals - Fairfax agreed to purchase, 5% preferred securities in aggregate amount up to $100 million, issuable in tranches of not less than $25 million

* Has closed today an initial purchase of preferred securities for $25 million

* Issued 6,670,000 common share purchase warrants, exercisable at $15 per share Source text for Eikon: Further company coverage:

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