Diversified Royalty Corp. Announces Filing of Final Short Form Base Shelf Prospectus

Core Viewpoint - Diversified Royalty Corp. has filed a final short form base shelf prospectus to maintain financial flexibility and access to Canadian capital markets for strategic initiatives [1][2]. Group 1: Prospectus Details - The prospectus is valid for a 25-month period, allowing DIV to issue various securities including common shares, warrants, and debt securities [2]. - Specific terms for any offerings will be detailed in shelf prospectus supplements filed at the time of the offering [2]. Group 2: Company Overview - Diversified Royalty Corp. is a multi-royalty corporation focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America [3]. - The company aims to acquire predictable and growing royalty streams from a diverse group of businesses [3]. Group 3: Current Holdings - DIV currently owns trademarks for several brands including Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, and Cheba Hut [4]. - Mr. Lube + Tires is recognized as the leading quick lube service in Canada, while AIR MILES® is the largest coalition loyalty program in the country [4]. Group 4: Financial Objectives - The company's objective is to increase cash flow per share through accretive royalty purchases and growth of purchased royalties [5]. - DIV intends to maintain a predictable and stable monthly dividend for shareholders, with plans to increase it over time as cash flow per share allows [5].