Altius Renewable Royalties Corp.

Good day and thank you for standing by. Welcome to the Q4 2021 results. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 on your telephone. And if you require any further assistance, please press star 0. I would now like to hand the conference over to your first speaker today, Ms. Flora Wood. Please go ahead.

Thank you, Patricia. Good morning, everyone, and welcome to our Q4 and year-end 2021 conference call. Our press release and filings, including the AIF, were released yesterday after the close and are available on our website and on CDAR. This event is being webcast live, and you'll be able to access a replay of the call along with the presentation slides on our website. Brian Dalton, CEO of ARR, and Frank Getman, CEO of Great Bay Renewables, will both be speakers on the call. And in the Q&A, they'll be joined by Ben Lewis, CFO of ARR. The forward-looking statement on slide two applies to everything we say in our formal remarks and during the Q&A. And with that, I'll turn over to Brian's.

Thank you, Flora. I'll keep my comments today fairly brief and general. I know it's Frank that you're all most keen to hear from in terms of our business development. What I will say is that 2021 was a very pivotal year in the history of this business. And I say that because I feel it was the year in which our royalty financing products really gained a toehold in the renewable energy sector. For several years leading up, the major challenge we faced was in getting players within the sector to take the time to learn how royalty funding could fit into their capital structures. It involved a lot of cold calling, but the perseverance of Frank and his team is now really paying off. Most of the renewable sector, in the US anyway, now has awareness that our royalty funding is a new tool available to them in funding projects, and also that it has a wide range of potential applications. In other words, we believe that our innovative, often bespoke structures and solutions have reached a point of early adoption and acceptance. I cannot commend the entire Great Bay New Hampshire team enough for this accomplishment. Personally speaking, it has been an incredibly fun and exciting thing to be part of. The past quarter may have seemed relatively quiet from the outside looking in, particularly as compared to the flurry of deal announcements we made in Q3. Q4 was anything but quiet internally, however. In Q3, several deals closed that were the result of initiatives that were begun earlier in the year. With those closings, we essentially began a new cycle of deal origination, much of it in fact stimulated by the attention those announcements drew across the sector. Each of these new initiatives take time to properly advance, as in most cases the challenge we are trying to help our potential counterparties address requires specific tailoring with a focus on forming long-term partnerships. Several opportunities are currently being advanced, and I would say the team is now busier than it has ever been. to the point that new people are in the process of being added to lead particular files. While there is never an assurance that deal work will lead to closings, we are optimistic that 2022 is shaping up as a great year. Finally, I continue to be amazed at how rapidly things are evolving within the broader sector and the pace at which our team is adapting to these changes with real-time solutions for our partners. With that, I'll turn it over to Frank.