News Release

Alaris Royalty Corp. To Trade On Toronto Stock Exchange

November 14, 2008

Alaris Royalty Corp. – (the “Company”) – An application has been granted for the original listing in the Industrial category of 9,964,207 common shares, of which 8,452,311 common shares will be issued and outstanding and 1,511,896 common shares will be reserved for issuance.

The common shares of the Company will be listed and posted for trading at the opening on Tuesday, November 18, 2008.

Stock Symbol: “AD”
CUSIP: 01163Q 20 2
Trading Currency: CDN

Temporary Market Maker:                    Jones, Gable & Company Limited

Other Markets:     None.

Head Office Address:     125, 101 6th Street SW
Calgary, AB
T2P 5K7

Head Office Telephone Number:     (403) 228-0873

Fax Number:     (403) 228-0906

Website:     www.alarisroyalty.com

Investors Relations:     Curtis Krawetz
Tel: (403) 221-7305
Email: ckrawetz@alarisroyalty.com

Chief Financial Officer:     Darren Driscoll

Corporate Secretary:     Rachel Colabella

Incorporation:     The Company was incorporated pursuant to the Canada Business Corporation Act on May 23, 2006 in connection with the amalgamation of 6550568 Canada Inc. and 6536522 Canada Inc.

Fiscal Year End:     December 31

Nature of Business:     The Company invests in private companies with the principal objective of providing predictable and stable cash flows to support the payment of dividends to its shareholders.

Transfer Agent & Registrar:     Computershare Investor Services Inc. at its offices in Calgary and Toronto.

Dividends:     Any decision to pay dividends will be made by the board of directors on the basis of the Company’s earnings, financial requirements and other conditions existing at such time and in accordance with the Company’s dividend policy. Any dividend policy established by the board of directors can be changed at any time and such policy is not binding on the Company. In August 2008, the board of directors approved a dividend policy to review dividends on a quarterly basis and to declare and pay dividends on a monthly basis, provided specific financial and other conditions have been met.