Diversified Royalty Corp. Announces $50 Million Bought Deal Public Offering of Common Shares (opens original article in a new tab)

Diversified Royalty Corp. is conducting a $50 million public offering of common shares, with potential additional shares for market stabilization, and plans to use the proceeds for debt repayment and corporate purposes.

• Diversified Royalty Corp. announced a $50 million public offering of common shares.
• The offering includes an option for underwriters to purchase additional shares for market stabilization.
• Proceeds will be used to repay acquisition debt and for general corporate purposes.