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.
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IMPORTANCE 70
RELEVANCE 80