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

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