Diversified Royalty Corp. Announces Closing of the Over-Allotment Option Exercised in Connection with its Recently Completed $60 Million Bought Deal Offering of 5.75% Convertible Unsecured Subordinated Debentures
VANCOUVER, British Columbia, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) is pleased to announce that it has closed its previously announced bought deal public offering of an additional $9,000,000 aggregate principal amount of 5.75% convertible unsecured subordinated debentures (the “Debentures”) at a price of $1,000 per Debenture, pursuant to the exercise in full of the over-allotment option (the “Over-Allotment Option”) granted to the underwriters in respect of the Corporation's recently completed $60,000,000 aggregate principal amount of Debentures (the “Offering”). The full exercise of the Over-Allotment Option increased the total gross proceeds of the Offering to $69,000,000.
