Altius Resources Inc. , a subsidiary of Altius Minerals Corp. announced today that it has acquired ownership of 2,000,000 common shares of CANEX Metals Inc. , with its head office at Suite 815, 808 - 4th Avenue SW, Calgary, Alberta, T2P 3E8. The Common Shares were acquired by Altius pursuant to an exercise of previously acquired common share [...]
Altius Minerals Corp. reports that its subsidiary, Altius Renewable Royalties Corporation , has entered into a strategic relationship with certain funds managed by affiliates of Apollo Global Management, Inc. to accelerate the growth of its innovative renewable energy royalty business. Under the agreement structure the Apollo Funds will solely fund [...]
Altius Resources Inc. , a subsidiary of Altius Minerals Corp. , announced today that it has acquired ownership of 58,991,254 common shares of Latin American Minerals Inc. , with its head office at 217 Queen Street West, Suite 401, Toronto, Ontario M5V 0R2. The Common Shares were acquired by Altius pursuant to an option agreement between Altius and [...]
Altius Minerals Corp. provides an update on its project generation business activities and the performance of its junior equities portfolio for the third quarter of 2020. The market value of the junior equities portfolio was $45.5 million at September 30, 2020, compared with $48.4 million at June 30, 2020. During the quarter, sales of equities net [...]
Altius Minerals Corp. is pleased to announce that it has renewed its Normal Course Issuer Bid and it may purchase at market price up to 1,622,920 common shares , being approximately 3.9% of the 41,450,126 common shares issued and outstanding as of August 18 2020, by way of an NCIB through the facilities of the Toronto Stock Exchange or a Canadian [...]
Altius Minerals Corp. announces that it has appointed two new independent directors to its board of directors with an effective date of October 1, 2020. The two new directors are Nicole Adshead-Bell and Teresa Conway. As previously disclosed, Altius has for some time been involved with a board member search process to satisfy our commitment to [...]
Altius Minerals Corp. reports attributable royalty revenue of $13.0 million or $0.31 per share for the second quarter ended June 30, 2020 compared to $19.5 million or $0.46 per share in the comparable quarter last year and $16.3 million or $0.39 per share in Q1 2020. Adjusted EBITDA of $10.0 million or $0.24 per share compares to $16.3 million or [...]
Altius Minerals Corp. reports that it has entered into an agreement with Liberty Metals & Mining Holdings, LLC , to acquire its 44.9% interest in certain royalty based limited partnerships, of which Altius acts as general partner. Upon closing, Altius’s partnership interests will increase from 52.4% to 97.3%. These limited partnerships hold [...]
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 [...]
