Alaris Royalty Corp. Receives $97.6 Million From Repurchases, Resulting in a 40% Gain on Invested Capital
(WorldNews Canada)

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) -- Alaris Royalty Corp. (`Alaris` or the `Corporation`) (TSX:AD) is announcing today that Labstat LP and its affiliates (collectively `Labstat`) have entered into a purchase and sale agreement (`PSA`), with a third party (the `Third Party`), pursuant to which the Third Party will acquire Labstat (the `Labstat Sale`). The Labstat Sale will result in a repurchase (the `Labstat Repurchase`) of all of the units Alaris holds in Labstat (the `Labstat Units`) and Alaris receiving gross proceeds of...