Lithium Royalty Corp. slipped 0.6% in its Toronto Stock Exchange trading debut after raising C$150 million ($109 million) in Canada’s biggest initial public offering in 10 months.
Shares of the Toronto-based company fell to C$16.90 at 9:30 a.m. start of trading Thursday on an “if, as and when issued basis,” slightly below its IPO price. The stock was down 1.8% as of 9:45 a.m.
