Altius Minerals Corp. expects to report record attributable quarterly royalty revenue† of approximately $21.9 million for the fourth quarter ended December 31, 2020. This compares to quarterly revenues of $16.2 million in Q3 2020 and $17.6 million in the comparable quarter last year. For the full year ended December 31, 2020 Altius expects to [...]
Altius Resources Inc. , a wholly-owned subsidiary of Altius Minerals Corp. today announces that it has entered into a subscription agreement to acquire ownership of 3,125,000 common shares of Wolfden Resources Corp. , with its head office at Unit 5, 1100 Russell Street, Thunder Bay, Ontario, P7B 5N2. The Shares will be acquired by Altius pursuant [...]
Altius Minerals Corp. is pleased to announce that its subsidiary Altius Renewable Royalties Corp. has filed and obtained a receipt for a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for an initial public offering of Common Shares , led by TD Securities Inc. and Scotia [...]
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 December 31, 2020 was $52.2 million, compared to $45.5 million at September 30, 2020 and $54.1 million at December 31, 2019. These amounts do not include net positive [...]
Lithium Royalty Corp "LRC" is pleased to announce that it has closed on US $70,669,843 of additional capital. As part of this raise, the Company is excited to welcome Riverstone Holdings LLC as a strategic investor in the Company. Riverstone Holdings LLC is a New York-based leading private markets asset management firm dedicated to real assets [...]
Altius Minerals Corp. is pleased to provide the following update: Lithium Royalty Corporation LRC, of which Altius is a 12.6% founding level investor, has agreed to a US$40 million investment by New York based private equity firm Riverstone Holdings, part of a larger US$70.7 million offering by LRC. Pursuant to this investment Altius has exercised [...]
Altius Minerals Corp. would like to update investors in connection with its lawsuit against both the Governments of Canada and Alberta in relation to regulatory changes that will force the discontinuation of coal-fired electrical generation from the Genesee and other Alberta power plants by 2030. The lawsuit seeks compensation for actions that [...]
Altius Minerals Corp. is pleased to report the release of its inaugural Sustainability Report, which will become an annual disclosure item. The report includes the following introductory letter that is addressed to Altius’s many valued stakeholders: Dear Altius Stakeholder, We are delighted to provide you with our first formal sustainability [...]
Altius Minerals Corp. reports that it has been informed by Deloitte Restructuring Inc., the Receiver overseeing the disposition of assets formerly held by Alderon Iron Ore Corp. , that an acquisition proposal by Champion Iron Ltd. has been approved by the Supreme Court of Newfoundland and Labrador following a competitive bidding process. The [...]
Altius Minerals Corp. reports attributable royalty revenue of $16.2 million or $0.39 per share for the third quarter ended September 30, 2020 compared to $19.2 million or $0.45 per share in the comparable quarter last year and $13.0 million or $0.31 per share in Q2 2020. Adjusted EBITDA of $12.4 million or $0.30 per share compares to $15.2 million [...]
Altius Minerals Corp. is pleased to report the first investment under the recently announced joint venture between its subsidiary, Altius Renewable Royalties Corp., and certain funds managed by affiliates of Apollo Global Management, Inc. . This US$25 million investment in Tri Global Energy follows an initial US$30 million investment announced in [...]
Altius Minerals Corp. expects to report attributable royalty revenue† of approximately $16.2 million for the third quarter ended September 30, 2020. This compares to quarterly revenues of $13 million in Q2 2020 and $19.2 million in the comparable quarter last year. Royalty revenue improved from last quarter primarily on improved base metal pricing [...]
