Altius Minerals Corp. reports third quarter 2022 revenue of $25.9 million compared to $20.4 million for the same period in 2021 and third quarter attributable royalty revenue of $26.2 million ), which compares with the $20.8 million reported for the same quarter in the prior year. On a year-to-date basis, attributable royalty revenue of $80.3 million is tracking 33% higher than the $60.5 million reported for the prior [...]
Altius Minerals Corp. reports on a decision issued by the Supreme Court of Canada on Friday October 21, in an unrelated constructive taking or de facto expropriation case, that it believes holds materially relevant and positive implications for Altius' ongoing lawsuit against the governments of Alberta and Canada. By way of background, on 19 December 2018 Altius filed a Statement of Claim in the Court of King's Bench of [...]
Altius Minerals Corp. expects to report Q3 2022 annual attributable royalty revenue of $26.4 million, which compares to $20.8 million of attributable royalty revenue recorded in Q3 2021. On a nine-month basis, attributable royalty revenue of $80.5 million in 2022 compares to $60.5 million during the comparable period in 2021. Royalty Revenue Summary Summary of attributable royalty revenue Q3 2022 Q2 2022 Q3 2021 Potash [...]
Altius Minerals Corp. is pleased to provide an update on its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio as of September 30, 2022 was $43.5 million, compared to $47.4 million as of June 30, 2022. An updated list of the Company's public equity holdings has been posted to the Altius website at [...]
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 1,698,481 common shares , being approximately 3.56% of the 47,680,588 common shares issued and outstanding as of August 10, 2022, 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 revenue of $27.4 million compared to $21.2 million for the same period in 2021. Q2 2022 attributable royalty revenue of $28.6 million ) was 31% higher than the $21.9 million reported for the comparable quarter in 2021. On a year-to-date basis, attributable royalty revenue of $54.1 million is higher by 36% compared to the $39.7 million reported for the six months ended June 30 [...]
Altius Minerals Corp. expects to report Q2 2022 annual attributable royalty revenue of $28.2 million, which compares to $21.9 million of attributable royalty revenue recorded in Q2 2021 and represents a new quarterly record for the Corporation. Royalty Revenue Summary Summary of attributable royalty revenue Q2 2022 Q1 2022 Q2 2021 Potash $ 11,450 $ 9,903 $ 4,516 Base & battery metals 8,353 9,960 9,394 Iron ore 2,871 1,437 [...]
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, 2022 was $47.4 million, compared to $67.3 million at March 31, 2021. New investments for the quarter exceeded equity sales for a net cost of $1.2 million. The decline in portfolio value is line with the broader declines experienced across [...]
Altius Minerals Corp. reports that all resolutions presented at its May 13, 2022 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 97% or higher. The voting participation rate was over 65% and Altius thanks its [...]
Altius Minerals Corp. reports first quarter revenue of $27.1 million compared to $17.5 million for the same period in 2021. Q1 2022 attributable royalty revenue of $25.5 million ) was 44% higher than the $17.8 million reported for the comparable quarter in 2021. These figures represent quarterly revenue records for the Corporation, mainly based upon higher realized commodity prices. Adjusted EBITDA of $23.6 million or [...]
Altius Minerals Corp. expects to report Q1 2022 annual attributable royalty revenue of $25.4 million, which compares to $17.8 million of attributable royalty revenue recorded in Q1 2021 and represents a new quarterly record for the Corporation. Royalty Revenue Summary Summary of attributable royalty revenue Q1 2022 Q4 2021 Q1 2021 Base & battery metals $ 9,955 $ 11,329 $ 7,627 Potash 9,901 6,907 4,072 Iron ore 1,437 3,305 [...]
Altius Minerals Corp. is pleased to report that on April 14, 2022, Fairfax Financial Holdings Limited, through certain of its affiliates exercised 6,670,000 common share purchase warrants at an exercise price of $15 per common share in the capital of Altius for gross proceeds of $100 million. In accordance with the terms of the Warrants and the preferred security indenture dated April 26, 2017 between the Corporation and [...]