Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio at September 30, 2024 was $65.3 million, compared to $55.8 million at June 30, 2024. The value is non-inclusive of net cash proceeds of $6.5 million that were generated from various portfolio sales during the quarter and total net proceeds of $18 [...]
Northampton Capital Partners LLC announced today that its affiliate has entered into a definitive arrangement agreement with Altius Minerals Corp.'s subsidiary Altius Renewable Royalties Corp. to acquire the public float of ARR for C$12.00 per share. The Northampton Purchaser will acquire all of the issued and outstanding common shares of the Company , other than those ARR Shares indirectly owned by Altius Minerals, by [...]
Altius Minerals Corp. is pleased to report that its approximately 58% owned subsidiary, Altius Renewable Royalties Corporation , has today announced that it has entered into a definitive arrangement agreement with an affiliate of Northampton Capital Partners, LLC whereby Northampton will, subject to customary closing conditions, acquire all of the issued and outstanding common shares of ARR other than those indirectly [...]
Altius Minerals Corp. is pleased to announce that it has renewed its Normal Course Issuer Bid by which it may purchase at market price up to 1,865,313 common shares , being approximately 4.01% of the 46,467,476 common shares issued and outstanding as of August 12, 2024, through the facilities of the Toronto Stock Exchange or a Canadian alternative trading system. The bid is subject to regulatory approval. The NCIB will [...]
Altius Minerals Corp. reports second quarter 2024 revenue of $19.5 million compared to $17.3 million in Q2 2023. Attributable royalty revenue of $21.8 million ) compares to $17.4 million in Q1 2024 and to $18.7 million reported in Q2 2023. Brian Dalton, CEO commented, "Revenue in the current quarter reflects higher base metal prices, higher dividends from iron ore, and growth of the renewable royalty portfolio, partially [...]
Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio at June 30, 2024 was $55.8 million, compared to $45.4 million at March 31, 2024. Cash proceeds of $7.6 million were generated from various portfolio sales while $2.9 million was invested during the quarter through the exercise of warrants. Net [...]
Altius Minerals Corp. announces today that on June 24, 2024, it disposed of 10,000,000 common shares of Churchill Resources Inc. at a price of $0.05 per Common Share for gross proceeds of $500,000 through the facilities of the TSX Venture Exchange through a block sale . The Common Shares disposed of by Altius pursuant to the Transaction represent a decrease in Altius's holdings of Common Shares of approximately 7.1 [...]
Altius Minerals Corp. reports that all resolutions presented at its May 17, 2024 Annual General Meeting were approved by shareholders, including the election of directors Nicole Adshead-Bell, Teresa Conway, John Baker, Brian Dalton, Anna El Erian, André Gaumond, Roger Lace, Fred Mifflin, and Jamie Strauss, all with votes in favour at 93% or higher. The voting participation rate was 69.6% and Altius thanks its shareholders [...]
Altius Minerals Corp. reports first quarter 2024 revenue of $13.9 million compared to $22.7 million in Q1 2023. Attributable royalty revenue of $17.4 million ) compares to $16.0 million in the prior quarter and to $21.4 million reported in Q1 2023. Brian Dalton, CEO commented, "The decline in revenue on a year over year basis primarily reflects the closure of the Genesee Mine at the end of 2023, and the moderation of [...]
Altius Resources Inc. , a subsidiary of Altius Minerals Corp. , announces that on April 25, 2024 it acquired ownership of an aggregate of 7,115,546 common shares of Orogen Royalties Inc. , with its head office at 1015-789 West Pender Street, Vancouver, BC, V6C 1H2. The Common Shares were acquired by Altius pursuant to an exercise of common share purchase warrants of Orogen held by Altius at an exercise price of $0.4016 [...]
Orogen Royalties Inc. announces Altius Minerals Corp. has increased its ownership in Orogen. Altius Resources Inc., a wholly owned subsidiary of Altius, has acquired 7,115,545 common shares of Orogen through the exercise of 7,115,545 common share purchase warrants at $0.4017. The warrants were acquired through a private placement completed in April 2019. The total amount received for the warrant exercise is $2,858,314 [...]