Altius Minerals Corp. reports that all resolutions presented at its May 15, 2018 Annual and Special Meeting were approved by shareholders, including the re-election of directors John Baker, Brian Dalton, Don Warr, Fred Mifflin, Jamie Strauss, Anna Stylianides, Guy Bentinck and André Gaumond. The voting participation rate was 71.295%, a [...]
Altius Minerals Corp. reports attributable royalty revenue of $15.8 million for the quarter ended March 31, 2018 compared to $13.4 million for the three month period ended April 30, 2017. The strong revenue growth of 18% over the prior year period is mainly attributable to improved prices for most base metal and bulk mined commodities as well as [...]
Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of the junior equities portfolio at the close of trading April 23, 2018 was $52.9 million. This value includes an increased shareholding in Alderon Iron Ore Corp. , as detailed in a press release dated [...]
TSX: ALS Altius Minerals Corp. reports that it will release financial results for its first quarter of 2018 on May 14, 2018 after the close of market. The Q1 2018 results will be presented in comparison with the three month period ended April 30, 2017 as a result of the recent conversion to a calendar year end. Altius expects to report attributable [...]
Altius Minerals Corp. is pleased to announce that it has executed a Letter of Intent to sell its Sail Pond silver-copper-lead-zinc project on the Northern Peninsula of Newfoundland to New Found Gold Corp. , a private Newfoundland-focused precious metals explorer. As consideration for the sale of the Sail Pond Property, upon closing of the [...]
Altius Minerals Corp. today announces the closing of the previously announced transaction to acquire an additional ownership interest in Potash Royalty Limited Partnership from Liberty Metals & Mining Holdings, LLC for total cash consideration of C$65 million. Following the closing, Altius’ net interest in Potash Royalties grew from 52.4% to [...]
Altius Minerals Corp. reports that it has agreed to acquire 18,797,454 common shares of Alderon Iron Ore Corp. from Liberty Metals & Mining Holdings, LLC . Altius currently owns and controls 33,041,462 Common Shares, representing approximately 24% of the outstanding Common Shares of Alderon, and will following closing own and control a total of [...]
Altius Minerals Corp. is pleased to announce that together with a private third party it has agreed to purchase an additional 44.9% interest in Potash Royalty Limited Partnership from Liberty Metals & Mining Holdings, LLC for total cash consideration of C$75 million plus nominal price adjustments. Of this amount, Altius will pay C$65 million to [...]
Altius Minerals Corp. reports attributable royalty revenue of $46.7 million for the eight month period ended December 31, 2017 compared to $46.0 million for the 12 month period ended April 30, 2017. Revenue for the two month period ended December 31 2017 was $14.0 million. The abbreviated current reporting periods are as a result of a change to the [...]
Canstar Resources, Adventus Zinc and Altius Minerals are pleased to announce that they have entered into a three-way definitive agreement dated February 20, 2018 whereby Canstar will acquire the Newfoundland base metal exploration assets of Adventus and the Daniel's Harbour Zinc Project from Altius in exchange for: the issuance of common shares of [...]
Altius Minerals Corp. reports that it will release audited financial results for its shortened two month period and eight month period ended December 31, 2017 on March 14, 2018 after the close of market. As previously reported, Altius is converting its fiscal year-end to a calendar year to better align with mine operators and industry reporting [...]
Altius Minerals Corp. reports Q2 attributable revenue of $18,047,000 compared to $15,364,000 in the previous quarter and $9,966,000 in the year-ago quarter. Adjusted EBITDA of $14,634,000 represents a margin of 81%, and is up from $12,624,000 in the previous quarter and $6,786,000 a year ago. Net earnings for the quarter were $6,748,000 compared to [...]