PenderFund Sends Letter Detailing Concerns Over Flawed Process and Files Notice of Intention to Appear at the Fairness Hearing
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PenderFund Capital Management Ltd. has expressed concerns over a flawed process and plans to appear at a fairness hearing regarding Altius Renewable Royalties Corp. Pender controls over 1.2 million shares of the company.
November 14, 2024 | 5:00 pm
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PenderFund Capital Management, holding over 1.2 million shares, has raised concerns about Altius Renewable Royalties' process and intends to appear at a fairness hearing.
PenderFund's concerns and intention to appear at a fairness hearing could indicate potential legal or procedural issues, which may negatively impact investor sentiment and the stock price of Altius Renewable Royalties in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80