Alaris Royalty Corp.

Alaris Royalty Corp.

November 14, 2008 11:50 ET

Alaris Royalty Corp. Receives Conditional Approval for Listing on the Toronto Stock Exchange

CALGARY, ALBERTA--(Marketwire - Nov. 14, 2008) - Alaris Royalty Corp. (the "Corporation") is pleased to announce that its voting common shares ("Common Shares") have been conditionally approved for listing on the Toronto Stock Exchange (the "TSX"). It is expected that the TSX will issue a bulletin on or about November 14, 2008 with respect to the date of commencement of trading of the Common Shares of the Corporation, anticipated to be on or about November 18, 2008. The Common Shares will trade under the symbol "AD".

About the Corporation

The Corporation invests in a diversified portfolio of private businesses ("Portfolio Companies") in exchange for royalties or distributions from the Portfolio Companies, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. Royalties or distributions from the Portfolio Companies are structured as a percentage of a "top line" financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.

Cautionary Statements

Certain information set forth in this press release, including without limitation, anticipated timing of the listing of the common shares on the TSX and the benefit derived therefrom, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Corporation's control, including, without limitation, the impact of general economic conditions, industry conditions, currency fluctuations, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered by the Corporation to be reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Corporation's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statement will transpire or occur, or if any of them do so, what benefits that will be derived therefrom.

Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements and information contained in this press release are made as of the date hereof and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

Contact Information

  • Alaris Royalty Corp.
    Curtis Krawetz
    Investor Relations
    (403) 221-7300