FXJ 0.00% 66.0¢ fairfax media limited

News: FXJ Altius and Fairfax close strategic investment transaction

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    April 26 (Reuters) - Altius Minerals Corp ALS.TO

    • 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
 
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