Altius Minerals Corp. reports attributable royalty revenue1 of approximately $13 million for the quarter ended June 30, 2020. This compares to quarterly revenues of $19.5 million generated in the comparable quarter last year, and $16.3 million in Q1 2020. The most significant contributors to the lower recorded revenue in Q2 relative to the [...]
Altius Minerals Corp. is pleased to provide an update on its Project Generation business activities and the performance of its related junior equities portfolio for the second quarter of 2020. The market value of the junior equities portfolio was $48.4 million at June 30, 2020 compared to $34 million at March 31, 2020. The increase in the portfolio [...]
Altius Minerals Corp. announced that it has received regulatory approval for the adoption and implementation of a new dividend reinvestment plan that allows shareholders to automatically reinvest their dividends in new shares of the Corporation. The first dividend payment for which the DRIP applies is the dividend declared by the Board on May 11 [...]
Altius Minerals Corp. reports that all resolutions presented at its May 12, 2020 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, Roger Lace and André Gaumond, all with votes in favour at 95% or higher. The voting [...]
Altius Minerals Corp. reports attributable royalty revenue of $16.3 million ) for the first quarter ended March 31, 2020 compared to $21.9 million in the comparable quarter last year and $17.6 million in Q4 2019. Adjusted EBITDA of $12.7 million compares to $17.4 million in Q1 2019 and to $13.6 million in Q4 2019. Adjusted operating cash flow of [...]
Altius Resources Inc. , a subsidiary of Altius Minerals Corp. , announced today that on April 16, 2020 it disposed of ownership of 8,220,000 common shares of Antler Gold Inc. , Suite 2001, 1969 Upper Water Street, Purdy’s Wharf Tower II, Halifax, NS, B3J 3R7, representing approximately 14.4% of the issued and outstanding Common Shares of Antler [...]
Altius Minerals Corp. reports attributable royalty revenue1 of approximately $16.3 million for the quarter ended March 31, 2020. This compares to record quarterly revenues of $21.8 million generated in the comparable quarter last year, and $17.5 million in Q4 2019. Base metal revenue contributed $6.6 million or 40% of total royalty revenue in the [...]
Altius Minerals Corp. wishes to update its shareholders with respect to accommodations for webcast and conference call participation in the upcoming May 12, 2020 Annual and Special Meeting . The Meeting will be held at Altius’s offices in St John’s, Newfoundland at 1 pm NL time on Tuesday, May 12, 2020 but is subject to federal and provincial [...]
Altius Minerals Corp. is pleased to provide an update on its Project Generation business activities and performance of its related junior equities portfolio for the first quarter of 2020. The market value of the junior equities portfolio at March 31, 2020 was $34 million, including two private company investments at book value, compared to $54.1 [...]
Altius Minerals Corp. wishes to update its shareholders with respect to the current status of its diversified royalty business in relation to the global COVID-19 pandemic. Royalty Operations Update As of today, Altius has noted COVID-19 related production curtailments from mines that collectively produced just under 2% of 2019 attributable royalty [...]
Altius Minerals Corp. reports record attributable royalty revenue of $78.1 million ) for the year ended December 31, 2019, which represents an increase of 16% over 2018. Also, and relative to 2018 year-end results, adjusted EBITDA of $62.6 million ) is 18% higher, adjusted operating cash flow of $44.1 million ) is 27% higher and adjusted net [...]
Altius Minerals Corp. is pleased to announce that its subsidiary, Altius Renewable Royalties Corp. , has entered into an initial US$35 million royalty financing agreement with Apex Clean Energy related to an extensive portfolio of wind and solar energy development projects located across North America. Apex has commercialized over 5 gigawatts of [...]