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 [...]
Altius Minerals Corp. is pleased to provide an update related to its Project Generation business. Altius has a unique strategy that primarily involves the specialist generation of mineral exploration projects for vend-out to the junior and senior mining sectors. Our team of exploration geologists and prospectors operate in high-quality mining [...]
Altius Minerals Corp. reports that it will release financial results for its second quarter ended October 31, 2017 on Tuesday, December 12, after the close of market. Altius expects to report attributable royalty revenue1 of approximately $17.9 million for the second quarter, which is up 19% from Q1 and 81% over the prior year corresponding period [...]
Altius Resources Inc., a wholly-owned subsidiary of Altius Minerals Corporation, is pleased to announce that on November 15, 2017 it purchased 14,200,000 subscription receipts of Wolfden Resources Corp. , a Thunder Bay, Ontario based company which acquires and develops mineral resource projects. The Subscription Receipts were acquired through a [...]
Altius Minerals Corp. (“Altius” or the “Company”) (TSX:ALS), a base metals and bulk commodities royalty company, today reports the change of its fiscal year-end to December 31 from its current fiscal year-end of April 30. This change will better align the Company's financial reporting periods to that of peer royalty and [...]
