Lithium Royalty Corp. to Be Acquired by Altius Minerals in C$521 Million Deal

Lithium Royalty Corp. ( (TSE:LIRC) ) has provided an update.

Lithium Royalty Corp. has agreed to be acquired by Altius Minerals Corporation in a deal valuing LRC at approximately C$521 million, with shareholders offered a mix-and-match consideration of Altius shares, cash, or a combination, subject to overall caps on cash and stock. The transaction, which carries a premium of nearly 30% to LRC’s recent closing price and over 40% to its 30-day volume-weighted average price, follows a strategic review overseen by an independent committee and is unanimously supported by LRC’s board as well as major shareholders Royalty Capital Funds and Riverstone, together controlling about 84.7% of the stock. Management highlights that combining LRC’s portfolio of lithium and critical mineral royalties with Altius’ diversified royalty platform and strong free cash flow should enhance scale, liquidity and financial strength, potentially accelerating growth prospects within the critical minerals royalty sector once the deal closes, targeted for late first quarter 2026, pending customary approvals.

The most recent analyst rating on (TSE:LIRC) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Lithium Royalty Corp. stock, see the TSE:LIRC Stock Forecast page.

Spark’s Take on TSE:LIRC Stock

According to Spark, TipRanks’ AI Analyst, TSE:LIRC is a Neutral.

Lithium Royalty Corp.’s overall score reflects significant financial challenges with negative profitability and cash flow issues, despite a strong balance sheet. Technical indicators show stable short-term momentum but a longer-term downtrend. The negative P/E ratio and lack of dividend yield detract from its valuation appeal. Positive corporate events, including resilient market performance and a share buyback initiative, contribute positively to the score.

To see Spark’s full report on TSE:LIRC stock, click here.

More about Lithium Royalty Corp.

Lithium Royalty Corp. is a Toronto-based royalty company focused on lithium and other critical minerals, holding a portfolio of 37 high-growth royalties tied to projects that support the energy transition. Listed on the Toronto Stock Exchange, it operates in the mining royalty and streaming industry, targeting exposure to growth-oriented commodities through financial interests rather than direct mine ownership.

Average Trading Volume: 17,000

Technical Sentiment Signal: Buy

Current Market Cap: C$402.6M

For an in-depth examination of LIRC stock, go to TipRanks’ Overview page.